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Citrine Informatics Wins World Materials Forum Start-up Challenge Award
REDWOOD CITY, Calif.–Citrine Informatics, an artificial intelligence (AI) platform for advanced materials and chemicals, was recently named the winner of the World Materials Forum Start-up Challenge Award. The Start-up Challenge recognizes innovative materials solutions from all over the world, and Citrine emerged the winner from a group of 12 semi-finalists for an AI platform aimed at accelerating the development of next generation products.
Citrine (citrine.io) combines AI with a vast materials database to help Fortune 1000 companies bring high performance products to market faster. 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, in a company release. "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 from companies' own internal sources and from academic sources and journals. This enriched data then feeds powerful AI systems that can create new materials in record time, the company reported. Citrine's predictive intelligence technology is said to have helped organizations hit overall R&D and manufacturing milestones in less than 50 percent 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.
Semi-finalists in the World Materials Forum Start-up Challenge included companies such as 3D Matter (Brooklyn, New York), Cycladex (Carson City, Nevada), Nano3D (Corvallis, Oregon), Polnox (Lowell, Massachusetts), Saratoga (Berkeley, California), Sepion (Berkeley, California), and Vaporsens (Salt Lake City, Utah).
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