Albert Invent, an end-to-end R&D platform that accelerates chemical innovation in materials science using AI, today announced a $22.5 million Series A funding round led by Coatue, with TCV, Index Ventures, F-Prime, and Homebrew participation. The funding will expand the engineering team, enhance the platform’s capabilities, and scale operations to meet growing demand.
The company also introduced Albert Breakthrough, the first-ever AI solution explicitly built for chemists. Albert Breakthrough combines centralized, structured data with specialized, user-friendly AI to optimize complex experiments, predict molecular properties, and generate novel formulations. As a core component of Albert’s end-to-end platform, Breakthrough marks a shift in material science innovation, enabling chemical companies to develop new products with unprecedented speed and performance.
This news also builds on the company’s momentum over the last six months, in which it added customers like Chemours, Solenis, Keystone Industries, and Applied Molecules. And Henkel and Nouryon have expanded their relationship with Albert Invent. Thousands of scientists worldwide leverage Albert’s solution to accelerate innovation and get products to market faster.
Albert’s unified data model structures and centralizes data across organizations, pulling in all historical data from past experiments. Breakthrough uses this data to fuel its advanced machine-learning models, which continuously learn and evolve. Breakthrough offers an intuitive interface where chemists and AI collaborate seamlessly.
By utilizing its deep understanding of molecular-level data, Breakthrough assists scientists in generating experimental suggestions, predicting molecular properties, and optimizing formulations. This powerful synergy between human expertise and machine intelligence has the potential to significantly accelerate chemical R&D.
KEY QUOTES:
“As the foundation from which research and development stems, scientific labs demand constant modernization to keep pace with our evolving world. It is exciting to support Albert as the company seeks to transform how chemistry research is performed by implementing the latest AI technology for greater efficiencies and overall business benefit. We’ve been impressed by the overwhelmingly positive response to Albert’s solutions for labs around the world and we are looking forward to supporting Albert as it launches Breakthrough.”
- David Schneider, General Partner at Coatue
“For too long, advanced machine learning techniques have only been accessible to data scientists. With Breakthrough, we’re putting this power directly in the hands of thousands of chemists. Now, it’s easier than ever for them to develop the materials that shape our lives.”
- Nick Talken, CEO and Co-founder of Albert Invent
“Breakthrough has shown impressive results in our initial tests. The formulas it proposed have been promising, and we’re excited to see how it will streamline our formulation process. We believe this technology has the potential to significantly accelerate our innovation efforts.”
- Nicholas Gripp, a Senior Chemist at Applied Molecules
“Albert has become integral to our product development, and as we continue to roll out Albert to our scientists amongst all the technologies we are working in, we are confident in our timelines accelerating within these markets. With the addition of Breakthrough, our scientists will have the opportunity to develop with the collective intelligence of our past experiments, and we expect to further accelerate our innovation cycles.”
- Johan Landfors, Chief Technology Officer at Nouryon
