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NEWS★ DEEP TECHOCT 14, 2026

Scimplify Raises $25M for Critical Materials

Scimplify has raised $25 million to expand software-enabled development and manufacturing of specialty chemicals and critical materials used in semiconductors, defence and energy.

Scimplify Raises $25M for Critical Materials

Scimplify has raised $25 million to expand software-enabled development and manufacturing of specialty chemicals and critical materials used in semiconductors, defence and energy.

What happened

The strategic equity round was led by Hitachi Ventures, with customers Henkel and Teknor Apex participating alongside existing investors including Accel India, Bertelsmann India Investments, Omnivore and 3one4 Capital. Bengaluru-based Scimplify combines a software platform called Scinode with chemistry expertise and a network of manufacturing partners. The company is working on materials including tungsten derivatives and rare-earth-related products. It reports roughly $200 million in annualised revenue run rate and more than 1,000 customers; those commercial figures are company-reported rather than independently audited.

Why it matters

AI hardware, batteries, defence systems and electronics depend on specialised materials whose supply chains can be concentrated geographically. Developing and qualifying alternative sources can take significant time. Scimplify is trying to shorten the path from chemical development to repeatable industrial production.

The bigger picture

This is a supply-chain infrastructure story as much as an AI story. Software can help manage formulation, procurement and manufacturing, but long-term value will depend on production quality, regulatory compliance and whether customers trust Scimplify for mission-critical materials.