Albert Invent, an Oakland, CA-based provider of an end-to-end R&D platform for chemical innovation in materials science with AI and machine learning, received an undisclosed amount in growth funding.
The round was led by J.P. Morgan Private Capital’s Growth Equity Partners, with participation from Coatue and TCV.
The company intends to use the funds to continue building the team globally, hiring in Germany, Japan, India, and the US, and scaling to meet customer demand.
Led by CEO Nick Talken, Albert Invent provides a cloud-based platform designed specifically for chemistry and materials science, empowers thousands of scientists across 30+ countries to work faster and smarter in the lab. By providing digital workflows for entire organizations, it unifies experimental data, streamlines complex R&D and regulatory processes, and delivers AI-driven insights. This solution improves innovation cycles and time-to-market for companies worldwide.
In 2024, the company announced its $22M Series A round and its latest innovation, Albert Breakthrough, which offers an interface where chemists and AI can collaborate. By leveraging its understanding of chemistry down to the molecular level, Breakthrough assists scientists in generating experimental suggestions, predicting molecular properties, and optimizing formulations.
FinSMEs
24/02/2025