Scimplify raises $25M to speed up critical materials production with AI
News Source : The Next Web
News Summary
- Hitachi Ventures led the all-equity round, with customers Henkel and Teknor Apex joining as investors.
- Accel India, Bertelsmann India Investments, Omnivore and 3one4 Capital returned.
- A person familiar put the post-money valuation at $250M, up from $150M after a $40M round in March 2025.
- About 90% of its manufacturing is in India.
- It will extend the network to the US and Japan over the next year, with $7.5M of the new money for the US.
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.
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