Fenwick Represents Citrine Informatics in $20 Million Series B Financing

Fenwick & West represented Citrine Informatics, the developer of the first materials artificial intelligence operating platform, in its $20 million Series B financing 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. More information about the deal can be obtained from Citrine’s announcement.

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