Advanced materials and chemicals platform developer Citrine Informatics has now received about $44m in total, having secured Siemens Next47 as an investor.
Citrine Informatics, the US-based developer of an advanced materials development platform, has raised $20m in series B funding from investors including industrial product and appliamce maker Siemens’ Next47 unit.
Low carbon-focused investment platform Prelude Ventures and venture capital firm Innovation Endeavors co-led the round, which also featured investment firm Moore Strategic Ventures and undisclosed additional participants.
Founded in 2013, Citrine has created a platform that utilises artificial intelligence technology with data handling and processing tools to predict how certain materials…
