Citrine Informatics Closes $8 Million Convertible Note to Meet International Demand for Materials-Driven AI

SAN FRANCISCO, April 19, 2018 – Citrine Informatics, the materials data and artificial intelligence (AI) platform, today announced it has received additional capital in the form of an $8 million convertible note from Tencent Holdings, a leading provider of Internet value-added services in China, and B&C Holdings, an Austria-based private-equity firm. The note will help with international expansion and hiring the right talent across data science, engineering and sales in order to keep pace with high market demand.

“Through working with Citrine, the material science field now has the opportunity to embrace artificial intelligence to accelerate the discovery of new materials that will help us live smarter and safer lives,” said David Wallerstein, Chief eXploration Officer at Tencent. “Citrine’s capabilities will catalyze the discovery of many new mass market materials, and help evolve the fundamental building blocks of civilization.”

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Citrine Informatics Hires Senior Global Sales Leaders

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Citrine Informatics, the chemicals and materials artificial intelligence (AI) platform, today announced the expansion of its sales organization through the appointment of two seasoned sales leaders with years of experience growing worldwide technology field operations and servicing the needs of Fortune 1000 and manufacturing customers. Deepak Ghodke and Brian Gillespie have both been appointed as Vice President of Sales.

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Citrine Informatics Announces New Office in Pittsburgh

Silicon Valley AI Tech Startup to Create Next-Generation Materials and Chemicals Hub

REDWOOD CITY, Calif.– July 24, 2017 (BUSINESS WIRE)–Citrine Informatics, the chemicals and materials artificial intelligence (AI) platform, today announced the opening of the company’s first office outside Silicon Valley. The new office is located in the Bakery Square section of Pittsburgh, Pennsylvania, a technology hub conveniently placed to service the growing demand for data science and materials informatics and chemicals manufacturers in the area.

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Citrine Informatics Wins Prestigious 2017 World Materials Forum Start-up Challenge Award

Advanced Materials Artificial Intelligence Platform Recognized for Accelerating Next Generation Product Development

REDWOOD CITY, Calif., July 6, 2017–(BUSINESS WIRE)–Citrine Informatics, the chemicals and materials artificial intelligence (AI) platform, today announced it has won the World Materials Forum Start-up Challenge Award. The Start-up Challenge recognizes innovative materials solutions from all over the world and Citrine was chosen as the winner from a group of 12 semi-finalists.

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Citrine Informatics Awarded as Technology Pioneer by World Economic Forum

  • World Economic Forum on Wednesday announced its selection of the world’s 30 most promising Technology Pioneers 2017
  • Companies were selected for their potential to significantly impact business and society through new technologies, and advance the Fourth Industrial Revolution
  • Citrine Informatics, a chemicals and materials artificial intelligence (AI) platform, made it to the selection because of how its technology is accelerating the development of advanced chemicals and materials as well as cutting-edge product development.  The full list of recognized Technology Pioneers can be viewed here.

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Citrine Informatics Raises $7.6M to Revolutionize Materials-Driven Product Development With AI

Top Investors Back Team of Materials Scientists Using Artificial Intelligence to Dramatically Accelerate Time to Market


Citrine Informatics, the chemicals and materials artificial intelligence (AI) platform, today announced it has closed a $7.6 million Series A led by Eric Schmidt’s Innovation Endeavors, DCVC (Data Collective), and Prelude Ventures. Jerry Yang’s AME Cloud Ventures and XSeed Capital also joined the round. Citrine combines AI with the world’s largest materials database to help bring products to market faster. The company will use the funding to accelerate its early successes with Fortune 1000 customers.

“The next generation of advanced materials takes far too long to develop today,” said Scott Brady, partner at Innovation Endeavors. “Citrine is bringing together the domain experts, data and AI specifically optimized to take advantage of known relationships in chemistry and physics to revolutionize the speed at which materials can be used in the market.”

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