CuspAI raises €27.0M Seed round
18 June 2024· Cambridge, United Kingdom· materials_science, ai, generative_ai, computational_chemistry, b2b, pure_software, climate_tech
The company intends to use the funds to expand operations and its development efforts. The funding will be used to leverage AI in the rapid generation and evaluation of a vast number of novel structures to design new materials, specifically for carbon capture and sustainable fuels. CuspAI aims to build a platform for next-generation materials to tackle global sustainability and clean energy challenges.
Investors
LeadHoxton Ventures
Also participating
NorthzoneLightspeed Venture PartnersLocalGlobeFJ LabsMehdi GhissassiBasis Set VenturesDorothy ChouGiant VenturesTouring CapitalTiferes VenturesZero Prime Ventures
About CuspAI
Stage
Series A
Headquarters
Cambridge, United Kingdom
Founded
2024
Team Size
21–50
Sectors
materials_scienceaigenerative_aicomputational_chemistryb2bpure_softwareclimate_tech
Source: https://finsmes.com/2024/06/cuspai-raises-30m-in-seed-funding.html