Albert Invent Raises $7.5M in Seed Funding

Albert Invent

Albert Invent, an Oakland, CA-based provider of an R&D platform, raised $7.5M in Seed funding.

The round was led by Index Ventures with participation from Homebrew, F-Prime Capital.

The company intends to use the funds to onboard more chemistry and materials science companies.

Co-founded by Nick Talken, Ken Kisner, Neelesh Vaikhary and Zack Kisner, Albert provides an R&D platform that removes barriers to innovation caused by siloed and disconnected systems. Used by scientists worldwide, the solution delivers data-driven insights powered by AI and machine learning plus productivity and collaboration tools to expedite the discovery of new materials, automate regulatory compliance and more.

Albert is already utilized by some companies, along with emerging startups, around the world, including Henkel, a producer of adhesives, sealants and functional coatings; 3D Systems, a 3D printing technology company; and Applied Molecules, a manufacturer of formulated coatings and adhesives.

Now with more than 60 employees, the company is continuing to hire subject matter experts in data science, engineering, customer success and more. 

FinSMEs

14/06/2023