Deeptech startup Discovered Materials raises $9M in Seed round

Discovered Materials, a deeptech startup founded by IIT-Madras alumni, has secured $9 million in seed funding to develop AI agents for discovering and accelerating the adoption of new materials for semiconductor chips. The company's AI agents collaborate across simulation, synthesis, and experimental validation to identify promising materials quicker than conventional research methods.

Discovered Materials has already released hundreds of novel AI-discovered materials, including advanced thermal materials that match the performance of products developed over years by the world's largest chemical companies. The startup's co-founders, Advaith Sridhar and Akash Ramdas, combine deep materials science knowledge with cutting-edge AI engineering.

They aim to use the funding to expand their team, laboratory, and AI research agents to tackle the thermal management bottleneck in AI chip efficiency.