Alchemy is based in San Francisco and operates in the specialty chemicals industry. Its cloud-based software helps facilitates the commercialization of
new formulations for the specialty chemicals companies worldwide. The team behind Alchemy is a seasoned group of experts with vast experience in the field of SaaS development.
Enterprise Innovation Fund (ENIF) invested 300.000 euro in dryTools in 2016 — company that is now merged with Alchemy. The investment was focused on expanding the team and developing a solid marketing and sales strategy.
Following their merger with Alchemy Cloud the ENIF is continuing to support their endeavors in the Specialty Chemical Industry.