Scimplify raises $25M to speed up critical materials production with AI

Indian startup Scimplify raised $25M led by Hitachi Ventures to expand production of specialty chemicals and critical materials outside China, focusing on the US and Japan. German customer Henkel also invested, but no new capacity is planned for Europe despite EU demand and regulations. Scimplify aims to reduce delivery times significantly, growing revenue rapidly in energy, electronics, and defense sectors.