Discovered Materials, a company building AI agents that discover and accelerate the adoption of new materials for semiconductor chips, announces a $9M seed round. They also released hundreds of new materials discovered by frontier AI models, along with Material Discovery Bench- the first benchmark for agentic materials discovery on real-world semiconductor chip problems.

The round is led by Lightspeed India Partners, with participation from Y Combinator and Peak XV Partners, and angel investors including Paul Graham, Gokul Rajaram and Thariq Shihipar. The funding will accelerate the company's mission: making new materials discovery fast enough to keep pace with AI's demand for compute.