Citrine Informatics is a company.
Citrine Informatics has raised $24.0M across 2 funding rounds.
Key people at Citrine Informatics.
Citrine Informatics has raised $24.0M in total across 2 funding rounds.
Key people at Citrine Informatics.
Citrine Informatics has raised $24.0M in total across 2 funding rounds.
Citrine Informatics's investors include Breakthrough Energy Ventures, Prelude Ventures, Gary Benitt, Ulu Ventures.
Citrine Informatics is a leading enterprise software company that builds an AI-driven platform to accelerate the development and optimization of materials and chemicals. Their product leverages generative artificial intelligence and advanced data analytics to help companies across industries—such as specialty chemicals, consumer packaged goods, automotive, electronics, and more—develop better, more sustainable materials faster and at lower cost. Citrine’s platform addresses challenges in R&D by enabling users to extract insights from complex materials data, optimize formulations, and respond rapidly to market and regulatory changes, thereby improving innovation speed and product performance[1][3][4].
Founded in 2013, Citrine Informatics initially operated as a consulting firm specializing in materials science domains like alloys, ceramics, and batteries. In 2019, the company pivoted to become a software provider, launching its AI-powered platform to scale its impact beyond consulting. This transition allowed Citrine to expand into diverse sectors including food, plastics, coatings, and sustainability by 2022. The founders, with deep expertise in materials science and AI, recognized the need to combine domain knowledge with machine learning to transform materials development. Key milestones include the launch of their software product in 2019 and global expansion in 2023, incorporating cutting-edge AI technologies such as large language models and neural networks[6].
Citrine rides the wave of digital transformation in the traditionally slow-moving materials and chemicals industry by applying AI and data science to accelerate innovation. The timing is critical as industries face increasing pressure to develop sustainable materials rapidly amid supply chain disruptions and evolving regulations. Citrine’s platform addresses these market forces by enabling companies to leverage their existing data assets more effectively, fostering a materials data ecosystem that drives breakthroughs in product development and manufacturing efficiency. Their influence extends across the ecosystem by helping companies innovate faster, reduce environmental impact, and maintain competitive advantage in a rapidly changing global market[3][5][7].
Looking ahead, Citrine Informatics is poised to deepen its impact by integrating more advanced AI technologies like foundation models and expanding its global footprint. Trends such as sustainability mandates, supply chain resilience, and digitalization of manufacturing will continue to shape their growth trajectory. As materials science becomes increasingly data-driven, Citrine’s platform is likely to become a critical enabler for companies seeking to innovate at speed and scale. Their commitment to combining domain expertise with cutting-edge AI positions them well to lead the next wave of materials innovation, potentially transforming multiple industries and contributing significantly to a greener, more efficient world[6][7].
Citrine Informatics has raised $24.0M across 2 funding rounds. Most recently, it raised $16.0M Series C in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $16.0M Series C | Breakthrough Energy Ventures, Prelude Ventures | |
| Jun 1, 2017 | $8.0M Series A | Gary Benitt, Ulu Ventures |
