About CuspAI
CuspAI is an Industrial Goods & Manufacturing company based in Cambridge (United States) founded in 2024 by Chad Chad Edwards and Max Welling. It operates in the Industrial Goods & Manufacturing and Technology sectors. CuspAI has raised $670 million across 3 funding rounds from investors including AMD, Kleiner Perkins and Lightspeed Venture Partners. The company has 100 employees. CuspAI was last valued at $2.6 billion in July 2026. Its chief executive, as recorded, is Chad Chad Edwards. Its website cusp.ai draws about 33 thousand monthly visits. CuspAI offers products and services including AI Materials Platform. Its focus areas include High Tech, Generative AI, Industry Specific Applications and Chemicals & Materials. Its legal entity is CUSP AI LIMITED.
Company details
AI-enabled platform for materials research and applications. The platform develops a search engine that enables users to input material properties, and the system generates the chemical composition needed to achieve those properties.
- Total Equity Funding$670M (USD)
in 3 rounds
- Latest Funding Round$450M (USD), Series B
Jul 2026
- InvestorsAMD
& 34 more
- Employee Count100
Products & Services of CuspAI
CuspAI offers a comprehensive portfolio of products and services, including AI Materials Platform.
Platform for accelerating materials discovery using AI and research tools.
Funding Insights of CuspAI
CuspAI has successfully raised a total of $670M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $450 million completed in July 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $670M
- Total Rounds 3
- Last Round Series B — $450M
- First Round $30M
(Jun 2024)
- Investors Count 35
All 3 funding rounds of CuspAI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2026 | $450M | Series B | – | Kleiner Perkins, New Enterprise Associates | |
| Sep 2025 | $100M | Series A | – | New Enterprise Associates, Temasek | |
| Jun 2024 | $30M | Seed | – | Hoxton Ventures |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of CuspAI
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $2.6B (Jul 2026). 35 investors in total: 26 institutional and 9 angel.
Investors in CuspAI
CuspAI has secured backing from 35 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include AMD, Kleiner Perkins and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC and PE firm focused on seed and early stage tech companies | hoxtonventures.com | London, United Kingdom | ||
Early-stage technology investments are managed by Basis Set Ventures. | basisset.com | San Francisco, United States | ||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Early-stage startups are funded by Northzone venture capital. | northzone.com | London, United Kingdom | ||
Venture capital fund investing in early-stage tech startups | touringcapital.com | Dover, United States | ||
Giant Ventures is engaged in venture capital investments for technology startups. | giant.vc | London, United Kingdom | ||
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Early-stage venture capital investments are provided by Tiferes. | tiferes.vc | |||
Venture capital firm investing in early-stage tech startups focused on data, AI, and cloud technologies. | zeroprime.vc |
Investor details for CuspAI
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People of CuspAI
6 people are tracked at CuspAI (5 in leadership, 1 in team); the tracked headcount is 100.
| Name | Role | Group |
|---|---|---|
Chad Chad Edwards | Co-Founder & CEO | Leadership |
Max Welling | Co-Founder | Leadership |
Alessandro de Maria | VP Of Platform Engineering | Leadership |
Chad Edwards | Co-founder and CEO | Leadership |
Tsuguo Morisato | General Manager, Japan | Leadership |
Jonas Köhler | Member Of Technical Staff | Team |
Complete people profiles for CuspAI
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Timeline of CuspAI
4 dated milestones of CuspAI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded CuspAI is founded.
- Funding First funding round of $30.0M.
- Funding Latest funding round, Series B, of $450.0M.
- Milestone Reaches Unicorn status.
Web traffic of CuspAI
The website of CuspAI (cusp.ai) receives about 32.8K visits a month.
- Monthly visits32.8K
▲ 41.5% vs previous month
Websites whose visitors overlap most with CuspAI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
amsterdamsciencepark.nl | amsterdamsciencepark.nl | 100% | #2,163,042 | – |
Top companies in Materials Equipment & Tech
3 companies that operate in the same segment as CuspAI (Materials Equipment & Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Schrödinger is recognized for developing physics-based software platforms for molecular discovery. | 1990 | New York, New York, United States | USD 162 M | USD 255.87 M | 891 | |
Critical minerals are recovered from e-waste via electro-extraction technology. | 2017 | Knoxville, Tennessee, United States | USD 65.23 M | |||
Provider of AI-based solutions for materials informatics | 2013 | Redwood City, California, United States | USD 81.26 M | 53 |
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Related news about Cuspai
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Frequently Asked Questions about CuspAI
CuspAI was founded in 2024.
CuspAI is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Chad Chad Edwards is the CEO of CuspAI, as recorded in our data. They have also founded this company.
CuspAI is a funded company, having raised a total of $670M across 3 funding rounds to date. The company's 1st funding round was a Seed of $30M, raised on Jun 2024.
CuspAI has 100 employees.
AI-enabled platform for materials research and applications. The platform develops a search engine that enables users to input material properties, and the system generates the chemical composition needed to achieve those properties.
CuspAI offers AI Materials Platform.
CuspAI has 35 investors. Key investors include AMD, Kleiner Perkins, Lightspeed Venture Partners, StepStone Group, and Prosus.
The valuation of CuspAI is $2.6B as of Jul 2026.
CuspAI operates through Cusp Ai Limited.