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Albert Invent Secures $7.5 Million in Seed Funding Round Led by Index Ventures, F-Prime Capital, and Homebrew

Albert Invent Secures $7.5 Million in Seed Funding Round Led by Index Ventures, F-Prime Capital, and Homebrew

June 17, 2023

Bay Area, California - Albert Invent, a leading software development company based in the Bay Area, California, is thrilled to announce the successful completion of its seed funding round, raising a total of $7.5 million. The round was led by prominent venture capital firms Index Ventures, F-Prime Capital, and Homebrew.

Albert Invent has established itself as a driving force in the field of software development, specifically catering to the needs of the chemical and material science industry. The company's flagship product, the Albert Platform, has garnered widespread recognition as the go-to solution for scientists, technicians, and engineers worldwide, empowering them to accelerate the innovation of new materials and streamline their research and development (R&D) processes.

Albert's end-to-end Cloud Platform offers a robust suite of data insights and cutting-edge tools, enabling R&D organizations to significantly increase their speed to market while automating regulatory compliance. By harnessing the power of artificial intelligence (AI), machine learning, and an extensive materials database, the platform serves as a comprehensive resource for seamless connectivity across the entire R&D organization.

With Albert, R&D professionals gain access to a unified data source, eliminating silos and promoting collaboration. The platform's key functionalities include inventory management, worksheets, workflows, tasks, and more, allowing researchers to maximize efficiency and focus on driving impactful innovation. By leveraging Albert's groundbreaking capabilities, organizations can enhance the impact of their new products and stay ahead in today's rapidly evolving market.

"We are thrilled to have the support of such esteemed investors who share our vision of transforming the R&D landscape," said Nick Talken, Co-Founder of Albert Invent. "This funding round will enable us to drive innovation, strengthen our position in the market, and empower even more R&D professionals to revolutionize the way new materials are developed."

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