Discovered Materials, a startup building AI agents to discover new materials for semiconductor chips, has raised $9 million (Rs 85 crore) in a round led by Lightspeed India Partners, with participation from Y Combinator, Peak XV Partners, and global angel investors including Paul Graham, Gokul Rajaram, and Thariq Shihipar.Founded by IIT Madras alumni Advait Sridhar and Akash Ramdas, the company believes today’s AI chips generate heat exceeding