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CuspAI
Cambridge-based AI-materials company founded in 2024 that uses machine learning to generate and simulate novel molecular structures, reducing the need for physical lab iteration.
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#13 23 Jul
Mentioned in: Dealroom projects $34.2bn for UK tech
UK Startups and Innovation#12 20 Jul
Received new investment including a UK and a Dutch state vehicle
UK Startups and Innovation: State fund surfaces on CuspAI cap table#12 20 Jul
Named 45 founding partners and closed a $450m Series B
UK Startups and Innovation: CuspAI names 45 partners for lab access#12 15 Jul
Mentioned in: Narayan and Harms split on sovereignty
UK Startups and Innovation#12 15 Jul
Mentioned in: Risk Ledger raises £24m, no state money
UK Startups and Innovation#10 2 Jul
Closed its round at a $2.6bn valuation with no UK vehicle on the cap table
UK Startups and Innovation: CuspAI closes at $2.6bn, EU fund circles#10 1 Jul
Cited as an example of the AI-concentration pattern
UK Startups and Innovation: Mentioned in: AI takes record 44% of UK equity market#10 24 Jun
Mentioned in: Astral raises GBP23m for cancer isotopes
UK Startups and Innovation#9 20 Jun