VENTURE DEALS June 12, 2017 • Lyft, a San Francisco-based on-demand ride company, raised $25 million in funding from InMotion Ventures, a venture capital fund backed by Jaguar Land Rover. The investment was part of Lyft’s previously reported $600 million Series G round in April. Read more at Fortune. • Dropbox Sign (Formerly HelloSign), a San Francisco-based e-signature platform, raised $16 […]
June 12, 2017 The World Economic Forum on Wednesday announced its 2017 class of Technology Pioneers, representing the world’s most innovative start-ups and scale-ups in such fields as artificial intelligence and robotics, virtual and augmented reality, blockchain, cybersecurity, autonomous driving, drones and biosciences. This year’s Tech Pioneers include Aclima, which develops sensor networks that advance […]
June 9, 2017 Venture Capital Deals • Houzz, a Palo Alto, Calif.-based home design platform, is in the process of finalizing a $400 million funding round at a $4 billion valuation, as first reported by Fortune. Iconiq Capital is expected to lead, with return backers like GGV Capital and Sequoia Capital also participating. http://for.tn/2sbvVEo • […]
June 9, 2017 A busy week for new Bay Area fundings ended with the fifth and sixth deals of $100 million or more. Here are the details: Link to Article
Artificial intelligence startup Citrine Informatics announced it has secured $7.6 million in Series A financing. Innovation Endeavors, Prelude Ventures, AME Cloud Ventures, Data Collective, and XSeed Capital participated in the funding. Citrine’s machine learning-based platform mines vast quantities of data about materials, chemicals, and processes to help users reach research, design, and manufacturing goals in half the […]
Citrine Informatics and APS have signed an agreement to explore ways in which Citrine’s platform can create valuable data from the APS corpus of materials-related journals and articles. APS’ materials-related journals include Physical Review, Physical Review Letters, Physical Review B, Physical Review X, and the new Physical Review Materials. Find out more about the American […]
June 8, 2017 Citrine Informatics, a Redwood City, Calif.-based chemicals and materials artificial intelligence (AI) platform, closed a $7.6m Series A funding. The round was led by Eric Schmidt’s Innovation Endeavors, DCVC (Data Collective), and Prelude Ventures with participation from Jerry Yang’s AME Cloud Ventures and XSeed Capital. In conjunction with the funding, Scott Brady […]
Top Investors Back Team of Materials Scientists Using Artificial Intelligence to Dramatically Accelerate Time to Market
Citrine co-founder and Chief Scientist, Dr. Bryce Meredig, presented the future of artificial intelligence in the materials and chemicals industry at The AI Conference 2017. AI is going to bring tremendous efficiency and innovation to the materials and materials-enabled product industries, and Citrine is proud to be at the forefront of innovation in the space.
Citrine co-founder and CEO Greg Mulholland shared lessons about working with Japan as a Silicon Valley startup and why the Japan market is well suited to the adoption of artificial intelligence technologies in its advanced materials and chemicals industry. Many thanks to the whole Stanford Silicon Valley-New Japan Project for hosting such a great event.
