United States

Ex-OpenAI Execs raise $200M at $1B Valuation for AI-Driven Materials Science Startup Periodic Labs
Periodic Labs, a newly launched AI-powered materials science company, has raised $200 million in funding at a $1 billion pre-money valuation. The round is led by Andreessen Horowitz (a16z), with participation from OpenAI and other undisclosed investors.

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