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

Indian startup Scimplify raised $25 million in an all‑equity round led by Hitachi Ventures to expand its AI‑driven specialty chemicals and critical materials platform. The funding values the Bengaluru company at $250 million and supports growth in semiconductor, defense and energy markets, with production across India and plans to add facilities in the U.S. and Japan.

Source: Scimplify raises $25 M to challenge China's grip on critical materials with AI — TechCrunch

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Topics: scimplify · ai · materials · startup · funding