The Daily Raise/August 11, 2026
Funding round
Discovered Materials raises $9M seed round
Discovered Materials (India) has raised $9M in a seed round, announced on August 11, 2026. The company is Builds AI agents that discover materials for semiconductor chips. The round was led by Lightspeed India Partners, with participation from Y Combinator, Peak XV Partners, Paul Graham, Gokul Rajaram, Thariq Shihipar.
Discovered Materials raised a $9 million seed round to expand its team, laboratory and AI research agents for semiconductor materials discovery.
Company
Discovered Materials
Amount
$9M (~$9M)
Round
Seed
Sector
Materials science and artificial intelligence
Country
India
Announced
August 11, 2026
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This deal appeared in The Daily Raise, August 11, 2026. Get the next edition in your inbox.
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