Citrine Informatics

Assembly Line

Citrine Informatics Raises $16M in Series C Financing

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Citrine Informatics, Prelude Ventures, Innovation Endeavors


Citrine Informatics, the leading provider of artificial intelligence software for materials, chemicals, and manufactured product development, announced the successful close of a $16 million Series C funding round. The round was led by Prelude Ventures and Innovation Endeavors, with participation from Drive Catalyst (Far Eastern Group), Alumni Ventures, ISAI Cap Venture, Presidio Ventures, and others.

This latest round of funding will be used to further accelerate the growth and development of Citrine’s AI-driven materials and chemical design platform, which is already in use by leading companies across materials, chemicals, formulated products, and manufacturing industries to improve the efficiency and effectiveness of their product development processes.

Read more at Businesswire