Cuspai

Cuspai, a British AI startup focused on materials discovery, is seeking to raise at least $200 million, potentially valuing the company above $1 billion. Previously, it raised over $100 million in a Series A round co-led by NEA and Temasek, increasing its valuation to around $800 million. Cuspai's technology accelerates the discovery of new materials, addressing long-standing challenges in the field. The company plans to use the new funding to expand its platform and operations in the US and Asia.