Photo: The Scimplify team at the U.S. expo. Credit: Scimplify
Photo: The Scimplify team at the U.S. expo. Credit: Scimplify

Hitachi Ventures leads $25 million round to fuel Scimplify’s U.S. expansion

Indian specialty chemicals startup Scimplify has raised $25 million to expand its U.S. research and manufacturing operations, targeting materials used in semiconductors, defense, energy and AI infrastructure. Hitachi Ventures led the investment, bringing the company’s total equity funding to $80 million.

The Bengaluru company plans to spend about $7.5 million on its American expansion. The U.S. already generates roughly 30% of its revenue. New investor Teknor Apex, a supplier of materials for server cables, will also become a manufacturing partner for the rollout.

Founded in 2023, Scimplify uses AI to help coordinate chemical research and production.

“This helps us move a lot faster and remember customer context even for future references,” said Sachin Santhosh, Scimplify co-founder.

Sourcing specialty chemicals involves more than finding a supplier. Customers often need a production process developed around specific cost, purity and performance requirements, followed by a factory capable of consistently meeting those standards.

Scimplify connects buyers with research teams and uses its proprietary platform, Scinode, to identify suitable manufacturing facilities. Engineers help implement the process, while the software tracks production quality and regulatory compliance.

Scimplify network spans more than 500 manufacturing facilities. The U.S. expansion will add local research and process development teams, manufacturing partners and processing capacity, alongside efforts to secure raw materials for critical metals and rare earth products.

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“India has the manufacturing capacity, but much of it sits underused,” said Radhika Ananth, managing director of India at Hitachi Ventures.

Scimplify already has experience serving American industrial customers. It developed a process to recover tungsten from industrial scrap and spent catalysts for a U.S. metals manufacturer supplying industrial and defense markets. The customer subsequently placed a repeat order covering a year.

Henkel also joined the round, alongside returning investors Accel, 3one4 Capital, Bertelsmann India and Omnivore.

Scimplify reports an annualized revenue run rate of about $200 million, triple the level a year earlier, and is targeting $400 million over the next year.

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