# Ex-OpenAI execs raise $200M at $1B valuation for AI materials science startup backed by a16z

In 2025/8, TechFundingNews reported that Periodic Labs, an AI materials science company founded by former OpenAI executives, completed USD 200 million in funding led by a16z at a valuation of USD 1 billion.



Canonical: https://uniquebase.ai/news/cc83e19e-aec1-43d9-b5ff-7dd330cb5fc8
Stable identifier: cc83e19e-aec1-43d9-b5ff-7dd330cb5fc8
Snapshot captured: 2026-10-18T08:51:49.337Z
English updated: 2026-10-18T08:52:13.941Z

## Connected profiles

- [Accel](/institutions/accel)
- [Andreessen Horowitz](/institutions/andreessen-horowitz)
- [Coatue](/institutions/coatue)
- [DST Global](/institutions/dst-global)
- [Felicis](/institutions/felicis)
- [General Catalyst](/institutions/general-catalyst)
- [Lightspeed Venture Partners](/institutions/lightspeed-venture-partners)
- [NVIDIA](/institutions/nvidia)
- [Periodic Labs](/companies/periodic-labs)
- [Radical Ventures](/institutions/radical-ventures)

## Sources

- http://techfundingnews.com/ex-openai-execs-raise-200m-at-1b-valuation-for-ai-materials-science-startup-backed-by-a16z/