The facts
Periodic Labs at a glance.
Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.
- Kind of company
- Science, materials and mathAI for physics, chemistry, new materials and mathematics, often with robotic labs.
- Based in
- San Francisco, United States
- Founded
- Not found in our sourcesPeriodic Labs (company), Sep 30, 2025
- Last closed-round valuation
- $1.3B$1.3 billion (as later reported by Forbes) (Wilson Sonsini (law firm advising Periodic Labs), Sep 30, 2025)
- Reported valuation
- Reported $7.5B, not confirmed by the company$7.5 billion (Forbes (Forbes Australia reprint; forbes.com original dated 2026-05-07), May 14, 2026)
- What it has shipped
- Has a model or API
Founders
- Liam Fedus: former VP of Research at OpenAI who helped create ChatGPT (Wilson Sonsini (law firm advising Periodic Labs), Sep 30, 2025)
- Ekin Dogus Cubuk: previously led the materials and chemistry team at Google Brain and DeepMind (Wilson Sonsini (law firm advising Periodic Labs), Sep 30, 2025)
Announced Periodic Neon and said it "outperforms both Claude Fable 5.1 and GPT-6 Astra for diffraction analysis" (company claim; no third-party benchmark in the post). Sep 15, 2026
Periodic Labs (company), Sep 15, 2026
What it has built
Shipped, or not yet.
“Has a model or API” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.
2 rounds
Funding, as reported.
Every round we found, with the amount, valuation and investors as the source states them.
| When | Round | Amount | Valuation | Investors named | Source |
|---|---|---|---|---|---|
| Sep 30, 2025 | Seed | $300 million | $1.3 billion (as later reported by Forbes) | Andreessen Horowitz (lead), Felicis, DST Global, NVIDIA, Accel, Elad Gil, Eric Schmidt, Jeff Dean, Jeff Bezos | Wilson Sonsini (law firm advising Periodic Labs) |
| May 7, 2026 | New round (not named); reported, not confirmed by company | at least $500 million | $7.5 billion | AMP (lead, per sources) | Forbes (Forbes Australia reprint; forbes.com original dated 2026-05-07) |
Our note
Worth knowing.
Our note: The May 2026 round (at least $500M at $7.5B, led by AMP) comes from people familiar speaking to Forbes; Periodic did not respond and AMP declined to comment. Forbes also cites a March 2026 Bloomberg report of talks at at least $7B. The company launched publicly on 2025-09-30; no founding year is stated on a page fetched.
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