11 August 2026 at 4:20 pm
Summary
Deeptech startup Discovered Materials, co-founded by IIT-Madras alumni, has raised $9 million in a seed funding round led by Lightspeed India Partners, with participation from Y Combinator and Peak XV Partners. The company is developing AI agents to accelerate the discovery and adoption of new materials for semiconductor chips, addressing thermal management bottlenecks in the industry.
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