CuspAI Raises $100M in Series A

CuspAI has successfully raised $100M in a Series A at a $600M valuation led by Hoxton Ventures, Basis Set Ventures.

Company Overview

CuspAI is a AI/ML company headquartered in Cambridge, UK, founded in 2024 with 70+ employees.

AI search engine for discovering new materials using generative AI and simulation

Fundraising Details

• Amount Raised: $100M
• Round Type: Series A
• Valuation: $600M
• Date: 2025-09-10
• Investors: Hoxton Ventures, Basis Set Ventures

About CuspAI

AI search engine for discovering new materials using generative AI and simulation The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Cambridge, UK
• Founded: 2024
• Team Size: 70+
• Industry: AI/ML

What This Means

This funding round demonstrates strong investor confidence in CuspAI's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. CuspAI's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $600M valuation marks an important milestone for CuspAI, positioning the company among notable players in the AI/ML industry.

Looking Ahead

With this new capital, CuspAI is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-09-10. For more information about CuspAI, visit their headquarters at Cambridge, UK.