Which European AI Materials Discovery companies raised the most investment?

Which European AI Materials Discovery companies raised the most investment? - Portugal Business News

Tech News Europe - Here are the Top AI Materials Discovery companies that raised the most investment in Europe to date, as well as the definition of an AI Materials Discovery company, according to a report by Sifted published on July 31st, 2026:

What is an AI Materials Discovery company?

An AI Materials Discovery company helps to revolutionize the discovery of new materials and has the potential to unlock economic growth in a world that desperately needs new materials, particularly as geopolitical tensions place critical supply chains under strain.

Materials are the foundation of almost every product and industry and AI Materials Discovery companies lead to faster discovery of better materials that will lead to more competitiveness, resilience and sustainability.

Here are the Top AI Materials Discovery companies that raised the most investment in Europe:

1 - PhysicsX - London, UK

PhysicsX ranks No 1 Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 145 million euros.

2 - CuspAI - London, UK

CuspAI ranks 2nd Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 113 million euros.

CuspAI, that is one of the best funded companies in the field of AI Materials Discovery, coordinates multiple AI models: some generate candidate molecules with specific target properties, and these are then evaluated by a specialized foundation model designed to predict their performance.

CuspAI aims to create a system capable of producing the optimal material for any set of environmental conditions — and ultimately to show that AI can address a wide range of challenges across materials science.

3 - Orbital - London, UK

Orbital ranks 3rd Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 18 million euros.

4 - Altrove - Paris, France

Altrove ranks 4th Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 12 million euros.

5 - Dunia Innovations - Berlin, Germany

Dunia Innovations ranks 5th Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 10.6 million euros.

6 - Entalpic - Paris, France

Entalpic ranks 6th Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 7.6 million euros.

7 - Polaron - London, UK

Polaron ranks 7th Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 6.7 million euros.

8 - ExoMatter - Munich, Germany

ExoMatter ranks 8th Top AI Materials Discovery company that raised the most investment in Europe to date, with the total investment raised reaching 1.7 million euros.

ExoMatter, which is a spin-off from the German Aerospace Center, has spent four years helping R&D teams in the semiconductors and energy fields do AI-driven simulations. One client, battery developer CMBlu, found that research tasks previously taking a week now take a day.

By the end of the decade, ExoMatter cofounder Josua Vieten predicts that existing discovery processes will be "unrecognizable" — managed end-to-end through a single platform of AI agents, with humans kept in the loop.

Here is the link to Tech News in Europe to keep updated on the latest developments.