Periodic Labs Raises $300M Seed Round Led by Felicis to Build AI-Driven Materials Science Startup

Deal Summary

Periodic Labs, founded by former OpenAI and Google Brain researchers Liam Fedus and Ekin Dogus Cubuk, raised a $300M seed round led by Felicis to fund AI‑powered materials science R&D and a wet lab. Other backers include Andreessen Horowitz, DST, NVIDIA Ventures and prominent angels.