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CuspAI raises $450 million Series B funding led by Kleiner Perkins and NEA

Funding Provisional 95% confidence first seen

CuspAI, a UK-based materials discovery AI startup, closed a $450 million Series B funding round led by Kleiner Perkins and NEA, valuing the company at $2.6 billion. The round included participation from Jeff Bezos's family office and the UK government's Sovereign AI Fund, with the company planning to use proceeds to expand globally and launch an AI Materials Foundry with major technology partners.

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