Scimplify raised $25 Mn to expand semiconductor and battery chemicals capabilities

Speciality chemical manufacturing startup Scimplify raised $25 Mn (around ₹238 Cr) in a funding round led by Hitachi Ventures, with participation from Accel, Bertelsmann India Investments, 3one4 Capital, Omnivore, Teknor Apex, Henkel and an undisclosed Japanese chemical company. The company said it will use the funds to expand its research, processing and manufacturing capabilities in rare earth and critical metals purification, scale its semiconductor and battery chemicals businesses, and strengthen its SciNode agentic AI platform.