About CuspAI
CuspAI is a company based in Cambridge (United States) founded in 2024 by Chad Chad Edwards and Max Welling. CuspAI has raised $130 million across 2 funding rounds from investors including Lightspeed Venture Partners, Temasek and FJ Labs. CuspAI offers products and services including AI Materials Platform. CuspAI operates in a competitive market with competitors including PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and Exponential Technologies, among others.
- Headquarter Cambridge, United States
- Founders Chad Chad Edwards, Max Welling
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Cusp Ai Limited
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$130 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series A
Sep 10, 2025
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Investors
Lightspeed Venture Partners
& 16 more
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Employee Count
Not available
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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.
People of CuspAI
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Funding Insights of CuspAI
CuspAI has successfully raised a total of $130M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $100 million completed in September 2025. 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.
Investors in CuspAI
CuspAI has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Temasek and FJ Labs.
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VC and PE firm focused on seed and early stage tech companies
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Early-stage technology investments are managed by Basis Set Ventures.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investor details for CuspAI
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Investments & Acquisitions by CuspAI
Investment portfolio details for CuspAI
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Financial Statements - CuspAI
Detailed financials for CuspAI
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Cuspai Comparisons
Peer comparison for CuspAI
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Competitors of CuspAI
CuspAI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PhaseCraft, PASQAL, HQS Quantum Simulations, BosonQ Psi and Exponential Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Quantum simulation systems are provided for materials and chemical reactions.
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Developer of neutral atom quantum computers, offering hardware, cloud access, and software.
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Quantum simulation software for chemical and pharmaceutical sectors is provided.
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Provides quantum algorithms for faster simulations in aerospace and defense sectors.
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AI-based design software is provided for industrial manufacturing processes.
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Detailed competitors of CuspAI
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Latest news on 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 current CEO of CuspAI. They have also founded this company.
CuspAI is a funded company, having raised a total of $130M across 2 funding rounds to date.
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's top competitors include HQS Quantum Simulations, PASQAL and PhaseCraft.
CuspAI offers AI Materials Platform.
CuspAI has 17 investors. Key investors include Lightspeed Venture Partners, Temasek, FJ Labs, Hoxton Ventures, and Basis Set Ventures.