Published:
February 10, 2020
Last Updated:
December 19, 2020
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Further Reading
Embraer's urban air mobility business Eve to go public
News Commentary | January 27, 2022
Following its launch as an independent company in October 2020, Embraer's Eve will be going public via a special purpose acquisition company after partnering with Zanite Acquisition Corp. The company wants to use the funds raised for further R&D of the technology, with a target to certify ... Not part of subscription
SparkCognition scores USD 123 million funding after acquiring vertical-focused startups
News Commentary | February 02, 2022
SparkCognition raised USD 123 million in a Series D round after shifting from an industrial and security specialist to a multi‑vertical artificial intelligence company through three 2021 acquisitions: AIM2 (financial), Ensemble Energy (renewables), and Maana (industrial). The combination strengthens... Not part of subscription
Citrine Informatics
Company Profile | April 27, 2022
Developed the Open Citrination platform, which enables academic researchers to store, structure, and publish open datasets as well as to configure artificial intelligence (AI) algorithms for establishing the structure‑property relationship of any given material; develops a proprietary data ... Not part of subscription
by Xiao Zhong
Before the IPO, Schrödinger raised a total of $110 million in capital from prominent investors/institutions including David Shaw and the Bill & Melinda Gates Foundation Trust. The company applies and develops AI and computational tools for drug discovery and started its Materials Science division in 2012 with the goal of expanding its capability to the materials space. This is the first public company that has its core business in chemical and materials informatics. Its performance can be a good indicator of market faith in these spaces. Interested clients should monitor the company but also be mindful that not all MI startups have the same business model as Schrödinger. Citrine and a few others have built unique data infrastructures.
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