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Scimplify raises $25M to challenge China’s grip on critical materials with AI
As manufacturers across industries strive to reduce their reliance on Chinese suppliers, Indian startup Scimplify has raised $25 million to expand its AI-powered approach to producing specialty chemicals and critical materials, with…
AI Summary
Scimplify, a Bengaluru‑based startup that uses AI to produce specialty chemicals and critical materials, has secured $25 million in an all‑equity strategic round. The financing, led by Hitachi Ventures, also brought new investors Henkel and Teknor Apex, while existing backers Accel India, Bertelsmann India Investments, Omnivore and 3one4 Capital participated. The round values Scimplify at roughly $250 million, up from a $150 million valuation after its $40 million Series B in March 2025, bringing total equity funding to $80 million. The company is targeting growth in semiconductors, defense and energy sectors to lessen reliance on Chinese suppliers.
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