Overview
News
Salaries
Products
People
Growth
Offices
Financials
Funding and backers
Total raised
$424.7M
1 round on record
Latest round
$424.7M
Series B · Jul 2026 · 2 mo ago
Backers
2
Northzone, Hoxton Ventures
The money's age
Fresh money
2 months since the last round · not hiring
Momentum
20/100
fresh money
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jul 20
Raised a round Series B $424.7M · EU-Startups
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Web presence
top 10%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Series B | Jul 2026 | $424.7M | — | EU-Startups |
Backed byfrom the funds' portfolios and accelerator catalogs
Northzone 
Hoxton Ventures News
CuspAI raises €393.2 million at €2.2 billion valuation; launches AI Materials Foundry to accelerate materials discovery
CuspAI, a Cambridge-based company building an AI system for materials discovery, today announced its €393.2 million ($450 million) Series B funding round at a €2.2 billion ($2.6 billion) valuation and the launch of "AI Materials Foundry", a global network
Read more
Report
Financials
Total raised
$424.7M
Latest round
Series B
Funding rounds
1
Funding rounds
| Round | Announced | Amount | Valuation | |
|---|---|---|---|---|
| Series B | 2026 | $424.7M | $2.4B | Details |