Scimplify Raises $25 Million to Use AI to Accelerate Specialty Materials Production
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On October 14, 2026, TechCrunch reported that Scimplify, a Bengaluru-based specialty chemicals startup in India, announced a $25 million all-equity strategic round. The round was led by Hitachi Ventures, with Henkel and Teknor Apex joining as new investors, bringing the company's post-money valuation to $250 million and cumulative equity funding to $80 million. The company operates an AI platform called Scinode, aiming to accelerate specialty materials production and R&D through AI and challenge the supply chain's reliance on China for key materials. No other follow-up reports so far.
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- TechCrunch · AIScimplify raises $25M to challenge China’s grip on critical materials with AI
Bengaluru-based startup Scimplify announced a $25 million all-equity strategic funding round led by Hitachi Ventures, with Henkel and Teknor Apex joining as new investors, bringing its post-money valuation to $250 million and total equity funding to $80 million.
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