# Cusp AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cusp-ai

- Industry: Software
- Headquarters: Cambridge, UK
- Website: www.cusp.ai/
- Total disclosed funding: $581M
- Latest round: Series B (Jun 17, 2026)
- Investors on record: 27

## About

Based in the UK, Cusp AI Limited is a technology-based material designing company that offers an artificial intelligence-based platform for next-generation materials that solve critical global challenges across sustainability and clean energy. Based in Cambridge, UK, and founded by CTO Max Welling and CEO Chad Edwards in 2024, Cusp AI Limited operates as a materials design company that utilizes its artificial intelligence (AI) platform to address global sustainability and clean energy challenges. In June 2026, Cusp AI Limited raised USD 450 million in series B funding co-led by Kleiner Perkins and New Enterprise Associates, with participation from Basis Set, Giant Ventures, Hyundai Motor Company, LocalGlobe, Northzone, Nventures, Prosus Ventures, Samsung Venture Investment, Temasek Holdings, Touring Capital, AI Fund, AMD Ventures, Bezos Expeditions, Glade Brook Capital Partners, Invest-NL, Lux Capital, StepStone, Tru Arrow Partners, and Sovereign AI.

The company harnesses advanced generative AI, deep learning, and molecular simulation to expedite the development of next-generation materials. Their platform functions akin to a search engine for materials, enabling precise customization of properties for novel structures. CuspAI's core innovation lies in its AI-driven platform that facilitates the rapid generation, and evaluation of materials tailored to specific functionalities. This includes designing materials for carbon capture and storage, a technology aimed at mitigating greenhouse gas emissions. Beyond climate solutions, CuspAI explores applications in energy storage, catalysis, and purification systems.

The company’s revenue is generated by providing enterprise clients with access to its AI-driven materials discovery platform through commercial partnerships and project-based engagements. Customers, including industrial and technology companies, collaborate with CuspAI to design custom materials suited to specific applications. These engagements typically involve direct B2B contracts where clients pay for platform access, research services, and co-development of material solutions tailored to sectors such as energy, semiconductors, and environmental technologies. 

The company plans to use the June 2026 funding to scale its high-performance computational infrastructure, expand its advanced materials research divisions, and accelerate commercialization of its molecular design platform.

## Funding rounds

- Series B, Jun 17, 2026, $450M — Kleiner Perkins, New Enterprise Associates, Northzone, Temasek Holdings, StepStone, Lux Capital, Samsung Venture Investment, AMD Ventures, Bezos Expeditions, Glade Brook Capital Partners, Hyundai Motor Company, LocalGlobe, Prosus Ventures, Basis Set, Nventures, AI Fund, Giant Ventures, Invest-NL, Tru Arrow Partners, Touring Capital, Sovereign AI
- Series A, Sep 30, 2025, $100M — New Enterprise Associates, Temasek Holdings, Samsung Venture Investment, Nventures, Zero Prime Ventures
- Seed, Jun 18, 2024, $31M — Lightspeed Venture Partners, Northzone, Hoxton Ventures, FJ Labs, LocalGlobe, Basis Set, Giant Ventures, Soderling Capital, Tiferes Ventures, Touring Capital

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Northzone (https://capitalatlas.ai/funds/northzone) — Seed, Series B
- Hoxton Ventures (https://capitalatlas.ai/funds/hoxton-ventures) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Seed, Series B
- Basis Set (https://capitalatlas.ai/funds/basis-set) — Seed, Series B
- Giant Ventures (https://capitalatlas.ai/funds/giant-ventures) — Seed, Series B
- Soderling Capital (https://capitalatlas.ai/funds/soderling-capital) — Seed
- Tiferes Ventures (https://capitalatlas.ai/funds/tiferes-ventures) — Seed
- Touring Capital (https://capitalatlas.ai/funds/touring-capital) — Seed, Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B
- Temasek Holdings — Series A, Series B
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series A, Series B
- Nventures — Series A, Series B
- Zero Prime Ventures (https://capitalatlas.ai/funds/zero-prime-ventures) — Series A
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series B
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Series B
- AMD Ventures (https://capitalatlas.ai/funds/amd-ventures) — Series B
- Bezos Expeditions — Series B
- Glade Brook Capital Partners (https://capitalatlas.ai/funds/glade-brook-capital-partners) — Series B
- Hyundai Motor Company — Series B
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series B
- AI Fund (https://capitalatlas.ai/funds/ai-fund) — Series B
- Invest-NL — Series B
- Tru Arrow Partners (https://capitalatlas.ai/funds/tru-arrow-partners) — Series B
- Sovereign AI (https://capitalatlas.ai/funds/sovereign-ai) — Series B