Shanghai, March 21, 2025

CM Venture Capital, a leading venture capital firm focused on funding innovative deep-tech companies, is thrilled to announce its latest investment in Citrine Informatics, a company offering an artificial intelligence platform designed to optimize materials and chemicals development and supply chains. This investment is made from CM Venture Capital’s new evergreen fund, showcasing its commitment to long-term partnerships with companies at the forefront of innovation.

CM Venture Capital is backed by numerous multinational companies in the chemical and materials sector, many of whom are current or potential customers of Citrine. These industry leaders recognize that the Citrine platform significantly shortens the time required to reformulate products and bring new offerings to market, enhancing their ability to respond swiftly to changing market demands.

“Citrine Informatics is the first company in AI-for-materials, and we have known Citrine since 2016. We have followed the company’s pivots in business models along the way to the current SAAS model that is working very well. We are excited to join the C3 round that will accelerate Citrine’s path-to-profitability.” said Dr. Min Zhou, Managing Partner at CM Venture Capital.

“We are thrilled to have CM Venture Capital joining our round, as CM is a well-known materials fund backed by many multinational companies. Min and her partners have deep understanding of the materials space; we see many collaboration opportunities with CM’s LPs and portfolio companies.” said Dr. Greg Mulholland, CEO of Citrine Informatics.

Citrine intends to utilize this investment to expand its technology offerings and scale its operations, enabling more companies to harness the power of AI for accelerated material optimization.

This investment underscores CM Venture Capital’s dedication to fueling advancements in technology while fostering a greener future. By supporting Citrine Informatics, CM Venture Capital continues to pave the way for industries to embrace data-driven decision-making, reduce waste, and improve overall efficiency.

About CM Venture Capital
CM Venture Capital is a forward-thinking venture capital firm specializing in funding early to growth-stage deep-tech companies. Backed by leading multinational industrial companies, CM Venture Capital invests in solutions that drive change and deliver long-term value.

About Citrine Informatics
The Citrine Platform is an AI-driven platform enabling businesses to optimize their materials and chemicals development and supply chains. Using advanced machine learning algorithms, Citrine improves product performance, accelerates innovation, and promotes sustainable practices in material science across various industries.For more information, visit:
Citrine website