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AI startup Periodic Labs raises $200 million, led by a16z

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2025-08-09 02:08:55
Periodic Labs, founded by former OpenAI research vice president Liam Fedus and former DeepMind research scientist Ekin Dogus Cubuk, closed a $200 million round with a post-money valuation of $1 billion.
The company focuses on using artificial intelligence technology for new materials research and discovery. This round of financing was led by Andreessen Horowitz, and OpenAI is also expected to participate.
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