Citrine Informatics’ $20 Million Series B Financing

Fenwick & West represented Citrine Informatics in the transaction.

Citrine Informatics completed its $20 million Series B funding.

The round was co-led by Prelude Ventures and Innovation Endeavors with participation from Moore Strategic Ventures, Next47 and other investors.

The financing will help support commercial growth of the Citrine Platform, the company’s core product, as well as the expansion in business development and sales efforts in the United States, Europe and Asia.

Headquartered in Redwood City, CA, Citrine Informatics is the developer of the first materials artificial intelligence operating platform.

The Fenwick transaction team included corporate partner Mark Leahy (Picture) and associates Alexandra Wood and Shajee Rizvi.

Involved fees earner: Mark Leahy – Fenwick & West LLP; Shajee Rizvi – Fenwick & West LLP; Alexandra Wood – Fenwick & West LLP;

Law Firms: Fenwick & West LLP;

Clients: Citrine Informatics;

Author: Ambrogio Visconti