CuspAI raises $450M in a Series B round led by Kleiner Perkins and NEA to launch its AI Materials Coalition, enhancing its position in the growing physical AI market.
Amount Raised
$450 Million
Round Type
Series B
CambridgeInformation TechnologyArtificial IntelligenceMachine Learninginformation technology & servicesInvestors
Description
CuspAI has successfully secured approximately $450 million to advance its generative AI technology for materials design and to establish the AI Materials Foundry coalition. This funding round significantly boosts its total to over $580 million. The coalition aims to leverage computing power and scientific resources from over 48 members to expedite materials development. CuspAI was co-founded by Chad Edwards and Max Welling and focuses on integrating AI into the physical realm.
Quick answer
CuspAI raised $450 Million in a Series B round, dated July 20, 2026. Investors: New Enterprise Associates, Jeff Bezos's Investment Firm, Bezos Expeditions and Kleiner Perkins. CuspAI is based in Cambridge, England, United Kingdom.
- How much did CuspAI raise?
- CuspAI raised $450 Million in a Series B round on July 20, 2026.
- Who invested in CuspAI?
- New Enterprise Associates, Jeff Bezos's Investment Firm, Bezos Expeditions and Kleiner Perkins 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.
Who else raised in information technology & services and Artificial Intelligence around the same time
Companies in the same sectors as CuspAI that raised within 45 days of this round, from Fundz verified event records.
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