Scimplify raises $25M to expand AI-driven specialty chemicals and critical materials production

Scimplify, a Bengaluru-based startup founded in 2023, raised $25 million in an all-equity strategic funding round led by Hitachi Ventures. Customers Henkel and Teknor Apex joined as new investors, while existing backers Accel India, Bertelsmann India Investments, Omnivore, and 3one4 Capital also participated.

The round values the startup at $250 million, up from $150 million after its $40 million Series B in March 2025, and brings Scimplify’s total equity funding to $80 million. The startup did not disclose its valuation in the announcement.

Scimplify uses its proprietary AI platform, Scinode, to coordinate research, manufacturing, and quality control for specialty chemicals and critical materials. The platform employs specialized AI agents to work backward from customer requirements, shortening development timelines from 12–18 months to as little as two months in some cases.

The startup operates a network of more than 500 manufacturing facilities, with about 90% of production currently in India. Scimplify plans to expand its production network to the U.S. and Japan over the next year, aiming to attract more customers in those markets.

Scimplify’s annualized revenue run rate has tripled to $200 million, with the U.S. market alone growing sixfold to about $60 million over the past year. The startup serves more than 1,000 customers across over 40 countries and expects to turn profitable after tax this month.

Energy, electronics, and defense now account for roughly 45% to 50% of Scimplify’s revenue, up from less than 15% a year ago. The startup is working on producing tungsten derivatives from scrap and rare earth materials, both of which have supply chains heavily concentrated in China.