Speciality chemical manufacturing startup Scimplify has raised $25 million (around ₹238 crore) in a funding round led by Hitachi Ventures, the venture capital arm of Japan's Hitachi Group, the company announced. The round included participation from existing investors Accel, Bertelsmann India Investments, 3one4 Capital, and Omnivore, along with new investors such as Teknor Apex, Henkel, and an undisclosed Japanese chemical firm. The fresh capital will support Scimplify's expansion in semiconductor and battery chemicals manufacturing.
Founded in 2023 by Sachin Santhosh, Salil Srivastava, Dheeraj Dhingra, and Hersh Manek, Scimplify operates as a B2B platform specializing in end-to-end sourcing and manufacturing of speciality chemicals. The startup runs R&D facilities in Bengaluru and Hyderabad and leverages its SciNode software platform, an agentic AI system that integrates research, process development, control, and manufacturing operations. Scimplify's network includes over 500 manufacturing partners and thousands of scientists and technical collaborators, enabling contract research and commercial manufacturing across sectors including agro-chemicals and pharmaceuticals.
The infusion of $25 million will enable Scimplify to scale its research, processing, and manufacturing capabilities in rare earth and critical metals purification, key inputs for semiconductor production. The company aims to strengthen its semiconductor chemicals and battery chemicals businesses, sectors witnessing rising demand amid global supply chain shifts. The investment round reflects growing interest from strategic investors like Hitachi Ventures and chemical industry players, positioning Scimplify to compete with established speciality chemical manufacturers.
Scimplify disclosed that a portion of the funds will be dedicated to enhancing SciNode, its AI-driven platform supporting manufacturing operations. The startup's ability to integrate AI with chemical manufacturing processes marks a strategic focus as it seeks to expand its footprint in the semiconductor chemicals market.