Scimplify raises $25M to speed up critical materials production with AI
Indian startup Scimplify has raised $25M led by Hitachi Ventures to supply specialty chemicals and critical materials outside China, with German customer Henkel joining as an investor. The new production network is going to the US and Japan, not Europe.
Scimplify has raised $25M to supply specialty chemicals and critical materials from outside China. German money is in the round, and none of the new capacity is going to Europe.
Hitachi Ventures led the all-equity round, with customers Henkel and Teknor Apex joining as investors, TechCrunch reported. Accel India, Bertelsmann India Investments, Omnivore and 3one4 Capital returned.
Total equity funding reaches $80M. A person familiar put the post-money valuation at $250M, up from $150M after a $40M round in March 2025. The company would not confirm it.
About 90% of its manufacturing is in India. It will extend the network to the US and Japan over the next year,...
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