Riven Systems was founded to rethink industrial chemistry design using density functional theory (DFT), AI, and autonomous experimentation to design highly selective ligands for separations in critical minerals processing. The team includes co-founders Orion Archer Cohen and Kurt (Chip) Breitenkamp and has built an autonomous lab in New York City. Riven says it is hiring across computational, experimental, and engineering sciences to grow its founding team. Financially, the company announced a $7.9 million financing led by Cerberus Ventures, participation from several VC firms, and a DOE Genesis Mission grant. New System Ventures incubated the company and acted as an early backer through its partners. Riven positions itself to address bottlenecks in critical minerals supply chains by accelerating development and deployment of chemistry solutions.

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2026