Albert Invent, whose end-to-end R&D platform accelerates chemical innovation in materials science through the application of AI and machine learning, announced a growth funding round led by J.P. Morgan Private Capital's Growth Equity Partners, with participation from Coatue and TCV. This latest investment round brings Albert Invent's total funding to more than $45M.

The funds will be used to continue building the team globally, hiring in Germany, Japan, India, and the US. The company will also scale to meet customer demand for Albert Invent as an industry-wide shift toward digitalization continues to drive growth across the globe. Albert Invent is used by the world's leading chemical, material science, and personal care companies including Chemours, Diversey, Henkel, Keystone Industries, Nouryon, and Solenis to unify R&D processes, accelerate innovation through AI, and transform how new products are brought to market.