Scimplify raises $40M to transform specialty chemicals manufacturing

(Houston, TX) Scimplify raised $40 million in Series B funding co-led by Accel and Bertelsmann India Investments to scale its specialty chemical manufacturing platform. The funding brings their total to $54 million.

Founded in 2023 Scimplify connects customers with over 200 manufacturing plants and in house R&D. They offer a full stack solution for specialty chemicals addressing supply chain disruptions. The company aims to provide alternatives to traditional manufacturing by offering flexible and responsive chemical production. Scimplify serves industries including life sciences crop sciences and industrial chemicals in the US Europe and Japan. They focus on speed flexibility and R&D capabilities. They are expanding internationally and into new industry segments. The company's model addresses global supply chain shifts and reduces dependence on single regions.

Rohit Sood, Partner at Bertelsmann India Investments added: “We are excited to significantly double down on our commitment to Scimplify, after our initial investment last year. Their execution on the ground has been among the best we’ve seen, driving not just impressive topline growth but also a rapid multi-country export scale-up and the establishment of a cutting-edge R&D facility in Hyderabad. Scimplify is uniquely positioned to harness India’s strengths in specialty chemicals and capitalize on the evolving dynamics of global procurement in this sector.”

SOURCE Scimplify