Scientific research start-up CuspAI to raise $400m with Jeff Bezos among backers
The round would lift CuspAI's valuation to about $2.6 billion as investors back its generative AI tools for materials discovery.
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Jeff Bezos backs AI materials startup CuspAI in $400M round at $2.6 billion valuation - Tech Startups
CuspAI, a UK startup using artificial intelligence to discover new materials, is reportedly raising $400 million in funding at a $2.6 billion valuation, according to the Financial Times. The round includes participation from Jeff Bezos’ family office, Bezos Expeditions, and […] The post Jeff Bezos backs AI materials startup CuspAI in $400M round at $2.6 billion valuation first appeared on Tech Startups.
The British-Dutch start-up CuspAI has raised $400 million in an investment round, business newspaper Financial Times reports, citing insiders. Amazon founder Jeff Bezos is reportedly one of the investors. CuspAI declined to comment on the report.
Scientific research start-up CuspAI to raise $400m with Jeff Bezos among backers
UK start-up CuspAI is set to raise $400m in a funding round that includes Amazon’s Jeff Bezos, according to the Financial Times. Read more: Scientific research start-up CuspAI to raise $400m with Jeff Bezos among backers – FT
CuspAI to be valued at £2bn as Jeff Bezos invests
CuspAI, a platform for developing new materials to tackle global sustainability and clean energy challenges, is to be valued at $2.6 billion (almost £2bn) by fresh funding which includes Amazon founder Jeff Bezos. CuspAI leverages generative AI, deep learning and molecular simulation to streamline the material design process. The platform functions like a search engine for materials, allowing users to request specific properties for new material…
AI material discovery startup CuspAI reportedly raising $400M round
CuspAI Ltd., a startup working to speed up material discovery, is reportedly in the process of raising a $400 million funding round. The Financial Times reported today that the term sheet has been signed but the transaction is still being finalized. According to the paper, Amazon.com Inc. founder Jeff Bezos’ Bezos Expeditions and Kleiner Perkins […] The post AI material discovery startup CuspAI reportedly raising $400M round appeared first on Si…
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