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CuspAI announces £335m Series B led by Kleiner Perkins and NEA to design new semiconductor, energy and advanced manufacturing materials
CuspAI builds an agentic AI platform, MIRA, that designs new materials to order, running the full cycle from generative design through simulation, synthesis planning and coordinated lab validation. The platform serves industrial and government R&D teams in semiconductors, clean energy and advanced manufacturing, where the materials needed for next-generation products do not yet exist.
PhysicsX announces its £225m Series C led by Temasek to accelerate physics AI for deep tech manufacturing
PhysicsX builds an AI-native engineering platform that predicts physical behaviour in seconds rather than hours or days, enabling industrial engineering teams to evaluate far more design variants across the product lifecycle. The platform serves organisations in aerospace and defence, semiconductors, automotive, energy, and materials manufacturing.
Isomorphic Labs raises £1.5bn Series B led by Thrive Capital for AI models that design new drug candidates
Isomorphic Labs develops AI models for drug discovery and drug design across multiple therapeutic areas and drug types. IsoDDE helps researchers predict biological systems and identify potential drug candidates for pharmaceutical development.
Tropic secures £80m Series C led by Forbion and Corteva for gene-edited tropical crop varieties
Tropic develops gene-edited tropical crop varieties designed to improve disease resistance, shelf life and agricultural productivity. Its products aim to help growers, exporters and food supply chains manage crop disease, reduce waste and increase yields.
CuspAI raises £75m Series A led by NEA and Temasek to accelerate AI-driven materials discovery
CuspAI applies generative AI and physics based simulation to design new materials, helping customers discover compounds faster for applications in energy, climate, computing and manufacturing.
PhysicsX raises £100m in Series B led by Atomico to scale AI-native engineering software for manufacturing industries
PhysicsX builds AI-native engineering software that accelerates the design, simulation and operation of complex physical systems, supporting advanced manufacturing across aerospace, automotive, energy and materials industries.
More venture news
- 26 Aug 2026
BreedrBreedr unlocks £20m Series B led by Partech to digitalise the global cattle supply chain
Series BAgriculture - 3 Aug 2026
OlixOLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production
Series BDeep Tech - 5 Aug 2026
MironidMironid raises a £34m Series B including £8.4m from Scottish National Investment Bank to advance small molecule treatments for kidney diseases
Series BLife Sciences
