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Funding · 14 October 2026Scimplify$25MSpecialty materials makerscimplify.com ↗

Scimplify raises $25M to grow in the US

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FundingStrategic roundProfessional & Local ServicesBengaluruFounded 2023
  • Scimplify is a Bengaluru company that turns raw materials and industrial waste into high-purity specialty chemicals and advanced materials for industry
  • It closed a $25 million strategic round led by Hitachi Ventures, with Henkel and Teknor Apex joining as new backers and customers
  • The money will fund research and plants in the US, aimed at semiconductors, defence, energy and AI infrastructure; total equity raised now stands at $80 million

What happened

  • Scimplify raised $25 million in a strategic round.
  • Hitachi Ventures led; Accel India, Bertelsmann India Investments, Omnivore and 3one4 Capital took part.
  • Henkel and Teknor Apex joined as new investors and are also customers.
  • Teknor Apex will act as a manufacturing partner for the US expansion.
  • Total equity raised reaches $80 million.

Why it matters

  • The cash builds research and processing capacity in the US.
  • Focus areas are semiconductors, defence, energy and AI infrastructure.
  • Customer-investors tie demand to the company's growth.

The business

  • Scimplify develops manufacturing processes for high-purity materials.
  • It starts from raw materials, industrial waste or lab discoveries.
  • It runs in-house labs and scientists.
  • Its AI platform Scinode maps over 500 factories and picks production routes.
  • It serves customers in more than 40 countries.

The founders

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Sachin Santhosh

Co-founder
in
SS

Salil Srivastava

Co-founder
in
DD

Dheeraj Dhingra

Co-founder
HM

Hersh Manek

Co-founder
in

Who put in money

In numbers

$80MTotal equity raised · 2026

What happens next

  • Build US research and manufacturing capacity.

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