Scimplify Raises $25M to Expand AI-Driven Production of Critical Materials
Indian startup Scimplify has raised $25 million in an all-equity strategic round led by Hitachi Ventures, with participation from customers Henkel and Teknor Apex. The funding values the Bengaluru-based company at approximately $250 million post-investment, up from a previous valuation of $150 million after its March 2025 Series B raise. Scimplify uses AI to accelerate the production process for specialty chemicals and critical materials used in semiconductors, defense, and energy sectors. The startup claims it can deliver finished products within two months—far faster than traditional timelines of 12–18 months—by leveraging its proprietary platform, Scinode. The system coordinates chemical manufacturing across a network of over 500 facilities using AI agents for research, production, and quality control. About 90% of current manufacturing is in India, but the company plans to expand into the U.S. and Japan. Scimplify has grown rapidly, with annualized revenue reaching $200 million—tripling from a year ago—and aiming for $400 million next year. The startup now serves over 1,000 customers across more than 40 countries and is on track to become tax-profitable soon.
Topics: AI funding_round specialty_chemicals supply_chain_diversification