Another AI unicorn with a valuation of 10 billion is born! Spotted by Bezos, Huang Renxun and Xiao Zha at the same time

Zhidongzhi Author | Eggplant Editor | Cheng Qian Zhidongzhi reported on July 21 that yesterday, the British AI material discovery startup CuspAI announced the completion of a US$450 million (approximately RMB 3.04 billion) Series B financing, with a post-money valuation of US$2.6 billion (approximately RMB 17.6 billion), officially becoming a unicorn. This round of financing was jointly led by Kleiner Perkins and NEA, with significant participation from Bezos Expeditions, the investment arm of Amazon founder Jeff Bezos (Jeffrey Preston Bezos). ▲CuspAI announced the completion of US$450 million (approximately RMB 3.04 billion) Series B financing (Source: CuspAI) CuspAI was founded in 2024 and focuses on using AI for material discovery. The company simulates material properties through AI models and screens potential solutions from a large number of candidate material structures, helping researchers reduce material development costs and shorten experimental cycles. Currently, CuspAI focuses on the research and development of new materials in semiconductors, energy, advanced manufacturing and other fields. It is worth noting that CuspAI completed over US$100 million (approximately RMB 680 million) in Series A financing in September 2025, led by NEA and Temasek, with participation from NVentures, the venture capital arm of NVIDIA. At that time, the company’s post-investment valuation was approximately US$520 million (approximately RMB 3.53 billion). In less than a year, CuspAI’s valuation increased from US$520 million (approximately RMB 3.52 billion) to US$2.6 billion (approximately RMB 17.6 billion), an increase of approximately 5 times. ▲CuspAI raised US$100 million in Series A financing (approximately RMB 680 million), with Nvidia’s investment institutions participating (Source: CuspAI) In addition to financing, CuspAI also announced the launch of the “AI Materials Foundry” platform, a cooperative alliance that brings together 48 leading technology companies, industrial companies and research institutions. Among them, NVIDIA will provide computing infrastructure support, and the Meta basic AI research team will also participate.