Citrine Informatics Wins Prestigious 2017 World Materials Forum Start-up Challenge Award

Advanced Materials Artificial Intelligence Platform Recognized for
Accelerating Next Generation Product Development

REDWOOD CITY, Calif.–(BUSINESS WIRE)–Citrine Informatics, the chemicals and materials artificial intelligence
(AI) platform, today announced it has won the World Materials Forum
Start-up Challenge Award. The Start-up Challenge recognizes innovative
materials solutions from all over the world and Citrine was chosen as
the winner from a group of 12 semi-finalists.

Citrine combines AI with the world’s largest materials database to help
bring high performance products to market faster for the Fortune 1000.
The AI is specifically optimized to take advantage of known
relationships in chemistry and physics.

“We are excited for this recognition from one of the most important
organizations in the field of materials science,” said Greg Mulholland,
CEO of Citrine. “The selection of Citrine for this award validates the
massive opportunity to use data and AI technology designed with an
understanding of materials and chemicals theory to speed up the product
development cycle.”

Citrine’s unique algorithms unify decades of high-quality experimental
data both from sources internal to companies and from academic sources
and journals. This enriched data then feeds powerful AI systems that can
create new materials in record time. Citrine’s predictive intelligence
technology has helped organizations hit overall R&D and manufacturing
milestones in less than 50% of the time originally forecast.

The World Materials Forum is an industry organization aimed at providing
a place for leading politicians, academics and industrialists from all
countries to meet in order to exchange information related to materials
usage, availability and sustainability.

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About Citrine Informatics

Citrine
Informatics accelerates the product development cycle for the
Fortune 1000 by combining access to the world’s largest materials
database with AI designed by materials scientists. Citrine is backed by
leading investors including,
Innovation Endeavors, DCVC
(Data Collective), Prelude
Ventures, AME
Cloud, XSeed
Capital, Morado
Ventures, and Ulu
Ventures. The company is headquartered in Redwood City, CA. Follow
us at @Citrine_io.

Contacts

Citrine Informatics
Andrea Fuller, 415-999-6232
[email protected]