Developer of R&D Platform for Chemical Industry Raises $7.5 Million
Albert Invent, a company developing an R&D platform for chemical and material science companies, has raised $7.5 million in seed funding. Index Ventures led the investment, with Homebrew, F-Prime Capital, and other angel investors also participating.
Albert Invent works with the chemical and material science industry to accelerate innovation with its state-of-the-art research and development platform. The company’s platform is already helping thousands of scientists worldwide dramatically expedite time to market. With the financial resources, Albert will onboard even more chemistry and materials science companies, helping one of the largest industries in the world develop the products that consumers use every day. Albert is already utilized by large chemical companies, including Henkel and Applied Molecules, a fast-growing manufacturer of formulated coatings and adhesives.