Albert Invent, an Oakland, California-based company developing AI software for chemistry and materials research, has secured a growth equity investment from Applied Ventures, LLC, the venture capital arm of Applied Materials.
The financial terms of the investment were not disclosed. The funding will support Albert Invent’s international expansion and further development of its AI platform for chemical and materials research and development.
Albert Invent was co-founded by Nick Talken, Ken Kisner, Neelesh Vaikhary and Zack Kisner. The company develops a chemistry-focused AI operating system that helps scientists organize experimental data, manage research workflows, design formulations and analyze scientific information.
Its platform combines structured scientific data with AI capabilities designed for the requirements of chemistry and materials science. It also includes enterprise security and governance features such as zero data retention, granular access controls and reasoning audit trails.
Albert serves research and development teams working across chemicals, consumer goods, energy and semiconductor materials. The company plans to use the investment to expand its AI capabilities and support materials discovery and product development across these industries.
The investment announcement followed Albert Invent’s $55 million Series B funding announcement on October 13, 2026. That round was led by TCV, with participation from Delta-v Capital, Socium Ventures, HighSage Ventures, Coral Capital and Legion VC, alongside existing investors including Coatue, J.P. Morgan Growth Equity Partners, Index Ventures and Applied Ventures.
