# Scimplify raises $25M to speed up specialty material production

> Indian startup Scimplify secured $25 million to expand its AI platform, cutting material development time from up to 18 months to two months.

Oossa · 2026-10-14 · https://oossa.com/en/scimplify-raises-25m-to-speed-up-specialty-material-production

Scimplify announced a $25 million equity round led by Hitachi Ventures on Oct 14 2026. The funding values the Bengaluru‑based startup at $250 million and will be used to grow its AI‑driven manufacturing network in the U.S. and Japan. The company’s AI platform, Scinode, coordinates research, production and quality control, letting it turn a customer’s material request into a finished product in about two months instead of the usual 12‑18 months.

Scimplify now serves over 1,000 customers in more than 40 countries and reports a $200 million annualized revenue run rate, with U.S. revenue climbing sixfold to $60 million. The startup plans to target $400 million next year and has been EBITDA‑positive for two months.

## The facts

- Funding round: $25 million led by Hitachi Ventures, announced Oct 14 2026
- Valuation after round: $250 million; annualized revenue run rate: $200 million

## Why it matters

Manufacturers can source critical chemicals faster and with less reliance on China, shortening product launch cycles.

## Sources & references

1. [Scimplify raises $25M to challenge China’s grip on critical materials with AI](https://techcrunch.com/2026/10/14/scimplify-raises-25m-to-challenge-chinas-grip-on-critical-materials-with-ai/) – TechCrunch, 2026-10-14

Last updated: 2026-10-14