Scimplify raises $25M to challenge China’s grip on critical materials with AI

Indian startup Scimplify has raised $25 million to enhance its AI-driven production of specialty chemicals and critical materials, targeting markets such as semiconductors, defense, and energy. The funding round, led by Hitachi Ventures, values the company at $250 million and brings its total equity funding to $80 million. Scimplify aims to reduce the time from customer requirements to product delivery significantly, leveraging its proprietary AI platform, Scinode.