CuspAI, a startup based in Cambridge has recently secured a $30 million seed funding round led by Hoxton Ventures with support, from Basis Set Ventures, Lightspeed Venture Partners and other prominent investors. The companys goal is to transform the way new materials are discovered by harnessing the capabilities of AI technology.
In methods of material discovery scientists typically create a material first. Then analyze its properties using computational tools. However CuspAI is taking an approach. Through their AI powered platform users can input properties they’re looking for. The system will generate and assess unique molecular structures that match those criteria precisely. Essentially acting as a materials search engine.
Partnering with Industry Leaders
CuspAIs mission has garnered the interest of players, in the industry. The startup has teamed up with Meta for a science project aimed at discovering materials to combat climate change. Yann Le Cun, who serves as VP and Chief AI Scientist at Meta expressed excitement about the partnership. Acknowledged CuspAIs ability to speed up the process of finding carbon capture materials.
Geoffrey Hinton, often referred to as the “Godfather of AI ” is part of the companys board. Hinton is optimistic that CuspAIs AI focused strategy can tackle issues like climate change demonstrating how this technology can make an impact.
Backed by investors and respected figures in the industry CuspAI is well positioned to introduce an era of customizable materials. As the startup advances its platform it could potentially revolutionize fields such, as carbon capture and advanced materials contributing to progress in addressing global challenges.
