Fenwick Represents Albert Invent in $20M Growth Investment

Fenwick represented Albert Invent, a cloud-based platform that uses artificial-intelligence technology to assist scientists in chemical development, in its $20 million growth investment. The round was led by J.P. Morgan Private Capital’s Growth Equity Partners with participation from Coatue and TCV.

Albert will use the funds to continue to scale its platform and expand its global team, hiring in Germany, Japan, India, and the US. More information can be obtained from the company announcement.

The Fenwick transaction team was led by corporate partner Patrick Grilli and associates Corinne Nhaissi, Teresa Anselmo-Thai, Jazmin Perez, Havyn Quigley.