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Scimplify Secures $25M Led by Hitachi Ventures to Scale Specialty Chemicals
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Moneycontrol•14-10-2026, 20:25
Scimplify Secures $25M Led by Hitachi Ventures to Scale Specialty Chemicals
- •Bengaluru-based advanced materials startup Scimplify raised $25 million in a funding round led by Hitachi Ventures, bringing its total disclosed funding to $80 million.
- •The round saw participation from global firms including Teknor Apex, Henkel, and existing investors like Accel, Bertelsmann India Investments, 3one4 Capital, and Omnivore.
- •The fresh capital will be used to expand research and processing in rare earth metals, semiconductor chemicals, battery chemicals, and to scale its AI platform SciNode.
- •Founded in 2023, Scimplify helps companies scale laboratory-developed materials for commercial production through a network of over 500 manufacturing partners.
- •The company currently serves more than 1,000 customers across over 40 countries and plans to expand its physical processing capabilities in the US.
Key Questions Answered
Scimplify raised $25 million in a strategic funding round led by Hitachi Ventures, bringing its total disclosed funding to $80 million.
The startup will use the funds to expand its research and processing capabilities in rare earth and critical metals, semiconductor chemicals, and battery chemicals, as well as to invest in its artificial intelligence platform, SciNode.
The round was led by Hitachi Ventures with participation from Teknor Apex, Henkel, and an unnamed Japanese chemical giant. Existing investors Accel, Bertelsmann India Investments, 3one4 Capital, and Omnivore also participated in the round.
