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CuspAI secured $30M in seed funding led by Hoxton Ventures for AI-powered next-gen materials startup

PRIVATEJun 18, 2024

Amount Raised

$30 Million

Round Type

Seed

CambridgeInformation TechnologyArtificial IntelligenceMachine Learninginformation technology & services

Investors

Dorothy ChouMehdi GhissassiZero Prime VenturesTiferes VenturesFJ LabsGiant VenturesTouring CapitalNorthzoneLocal GlobeLightspeed Venture PartnersBasis Set VenturesHoxton Ventures

Description

Cambridge-headquartered CuspAI, an AI company building a platform for next-generation materials, has secured $30 million in seed funding. The round was led by Hoxton Ventures, with significant participation from Basis Set Ventures and Lightspeed Venture Partners, along with other prominent investors.

Quick answer

CuspAI raised $30 Million in a Seed round, dated June 18, 2024. Investors: Dorothy Chou, Mehdi Ghissassi, Zero Prime Ventures, Tiferes Ventures, FJ Labs, Giant Ventures, Touring Capital and Northzone. CuspAI is based in Cambridge, England, United Kingdom.

How much did CuspAI raise?
CuspAI raised $30 Million in a Seed round on June 18, 2024.
Who invested in CuspAI?
Dorothy Chou, Mehdi Ghissassi, Zero Prime Ventures, Tiferes Ventures, FJ Labs, Giant Ventures, Touring Capital and Northzone are named as investors in this round.
What does CuspAI do?
CuspAI is a Cambridge-headquartered AI company that aims to unlock the future of materials using advanced machine learning and material science.
Where is CuspAI based and how big is it?
CuspAI is based in Cambridge, England, United Kingdom. Fundz records about 52 employees.
Who are the decision-makers at CuspAI?
Fundz holds 5 contacts at CuspAI, including the Head of Talent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

CuspAI

Location

Cambridge, England, United Kingdom

About

CuspAI is a Cambridge-headquartered AI company that aims to unlock the future of materials using advanced machine learning and material science. The company leverages generative AI, deep learning, and molecular simulation to streamline the material design process, addressing global sustainability and clean energy challenges as well as combatting climate change.

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Related People

5 contacts
Verified contactsJames G., Head of Talent hidden hidden hiddenSee plans and pricing
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CuspAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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