Scimplify Raises $25 Million Strategic Round Led by Hitachi Ventures

22 Oct 2026, 10:32 am · 1d ago · 1 min read · Evertiq

Amount

$25M

Stage

Strategic

Lead

Hitachi Ventures

Bengaluru-based advanced materials and specialty chemicals manufacturing startup Scimplify has raised $25 million in a strategic funding round led by Hitachi Ventures. The round saw participation from global industrial players Teknor Apex and Henkel, alongside existing investors Accel, Bertelsmann India Investments, 3one4 Capital, and Omnivore. The latest infusion brings Scimplify’s total funding to $80 million. Founded in 2023, the startup helps companies scale laboratory-developed materials for commercial manufacturing. It plans to deploy the fresh capital to expand technical and manufacturing infrastructure, focusing on rare earth metals purification, processing, and chemicals for semiconductors and batteries.