CuspAI Nears $2.6bn Valuation with Bezos-Backed Funding, Redefining AI Material Discovery
CuspAI, backed by Jeff Bezos, is set to reach a $2.6 billion valuation, highlighting the AI-driven transformation in material discovery.
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Kleiner Perkins Caufield & Byers, LLC, commonly known as Kleiner Perkins or KPCB, is an American venture capital firm which specializes in investing in early stage and growth companies. Since its founding in 1972, the firm has backed America Online, Amazon.com, Tandem Computers, Compaq, Electronic Arts, JD.com, Square, Genentech, Google, Netscape, Sun Microsystems, Nest, Palo Alto Networks, Synack, Snap, AppDynamics, Twitter, Applied Intuition, Anthropic, Waymo, Glean Technologies, OpenEvidence, Rippling, Harvey & Together AI. By 2024, it had raised 21 venture capital funds and six growth funds. In 2026, the firm announce its twenty-second venture fund, KP22, a $1 billion fund to back early-stage companies, and $2.5 billion in growth funds to back businesses.
Kleiner Perkins was founded by Eugene Kleiner.
Kleiner Perkins was founded in 1972.
SourceKleiner Perkins is headquartered in Menlo Park.
SourceKleiner Perkins is based in United States.
SourceKleiner Perkins operates in the financial services industry.
SourceCuspAI, backed by Jeff Bezos, is set to reach a $2.6 billion valuation, highlighting the AI-driven transformation in material discovery.
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