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Periodic Labs

Category: AI in Climate / Energy

AI for material science discovery, founded by former OpenAI/DeepMind researchers. Periodic Labs was founded in 2025. The company is led by William (Liam) Fedus. Based in Likely based in the US (exact headquarters not publicly disclosed). Team size: Small-to-medium. Total funding raised: ~$500M. Latest round: Seed funding (initial round). Key investors include ["Andreessen Horowitz", "Nvidia", "Jeff Bezos", "Eric Schmidt"].

Founded
2025
Headquarters
Likely based in the US (exact headquarters not publicly disclosed)
Team size
Small-to-medium
Total funding
~$500M

Value proposition

Utilizes cutting-edge AI technologies to significantly shorten the discovery cycle for new materials with desired properties, thereby providing a competitive edge in research and manufacturing.

Products and solutions

Prototype AI platform for materials discovery (detailed product offerings to be announced)

Unique value

Integrates advanced AI techniques, including potential use of foundation models, specifically tailored to the field of material science. Leverages deep domain expertise from its founding team.

Target customer

Industrial manufacturers (chemicals, energy, electronics) and research institutions/laboratories seeking advanced materials discovery tools

Industries served

Material Science, Chemicals, Energy, Electronics

Technology advantage

Strong background in AI model development from the CEO’s tenure at OpenAI coupled with strategic ties to top AI research communities; perceived potential partnership and/or investment interest from OpenAI adds credibility.

How they differentiate

Focused exclusively on applying AI to material science from inception, leveraging direct industry experience from leadership and potential strategic partnerships with leading AI innovators.

Main competitors

Google DeepMind (GNoME initiative), Microsoft (MatterGen, MatterSim initiatives)

Key partnerships

OpenAI

Notable customers

Not publicly disclosed

Major milestones

Company founded and publicly announced Secured initial significant seed funding

Growth metrics

Not publicly disclosed

Market positioning

Emerging player entering the competitive sphere of AI-driven materials research with a niche focus on material science applications.

Geographic focus

Primarily targeting the US market initially, with global application potential

Patents and IP

Not publicly disclosed

About William (Liam) Fedus

William (Liam) Fedus is the Founder and CEO of Periodic Labs. He was formerly the Vice President of Research for Post-training at OpenAI, where he was a key figure in the development of technologies like ChatGPT and GPT-4. His experience is rooted in applying AI to scientific research, with a background in physics.