Albert Invent Secures $7.5M in Seed Funding to Advance Material Science with AI and Machine Learning R&D Software

Albert Invent, a California-based R&D software developer, has raised $7.5m in seed funding. The investment round was led by Index Ventures, with participation from Homebrew, F-Prime Capital, and angel investors. The funding will be used to expand Albert Invent’s digital offering and onboard more chemistry and materials science companies. Albert, the company’s secure and collaborative end-to-end digital R&D platform, aims to remove innovation barriers caused by disconnected and siloed R&D processes. The AI and machine learning technology incorporated into the platform provide predictive material simulations and experimentation capabilities. The platform also boasts a pre-loaded library of over 50,000 commercially available raw materials, making it one of the largest material inventories in the market. Customers in over 30 countries have experienced substantial ROI using Albert, with Henkel and 3D Systems among the leading producer of adhesives, sealants, functional coating, and 3D printing technology companies employing the platform.