Citrine Informatics raises $20M

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Redwood City, Calif.-based Citrine Informatics, developers a materials artificial intelligence (AI) operating platform, has raised $20 million in Series B funding. The round was co-led by Prelude Ventures and Innovation Endeavors, with participation from Moore Strategic Ventures and Next47.

Citrine’s technology has been deployed at Panasonic, LANXESS and BASF, according to the company.

[Image courtesy: Citrine Informatics]