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.
06/01/2017 | Abby L. Harvey The human brain is an amazing thing, but it has limitations. However, with the advent of machine learning, the limitations of the human brain no longer have to be the limitations of civilization. Machine learning has been integrated into many aspects of human life, including the power sector, resulting in […]
The Alliance for the Development of Additive Processing Technologies (ADAPT) is a research consortium that was set up with the aim of advancing 3D printing technology and its applications in industry. It operates in partnership with the University of Utah and its particular focus is on metal 3D printing. A new program initiated by the […]
