StockDuty ← Dashboard Oct 19, 2026 12:37 PM ET
CatalystTech/AI

FROM IIT MADRAS AND STANFORD TO A $9 MILLION AI STARTUP : MEET THE RESEARCHER TACKLING CHIP OVERHEATING

AI startup tackling chip overheating with $9 million funding and elite institutional backing.

What happened: Discovered Materials, co-founded by Akash Ramdas and Advaith Sridhar, has raised a $9 million seed round to speed up AI-driven discovery of new materials for computer chips. Key numbers: $9 million seed round led by Lightspeed India Partners, with Y Combinator and Peak XV Partners and angels Paul Graham, Gokul Rajaram and Thariq Shihipar. Why it matters: The funding will help the startup expand its team, laboratory capabilities and AI research agents, as it works to reduce the time needed to move semiconductor materials research toward practical applications.
Discovered Materials, co-founded by Akash Ramdas and Advaith Sridhar, has raised a $9 million seed round to speed up AI-driven discovery of new materials for computer chips.
The funding will help the startup expand its team, laboratory capabilities and AI research agents, as it works to reduce the time needed to move semiconductor materials research toward practical applications.
Sources