Funding News: Scimplify Raises $40 Million to Revolutionize Global Specialty Chemical Manufacturing

Startup: Scimplify

Founder: Salil Srivastava, Sachin Santhosh and Dheeraj Dhingra

About us: Scimplify is a science-first company for end-to-end development and manufacturing of specialty chemicals. We provide support across the product life cycle, from contract research to commercial chemical manufacturing across Pharmaceuticals, Agrochemicals, Industrial Chemicals, Flavors & Fragrances, Food & Nutrition, Beauty & Personal Care, and other industries.

Founded Year: 2023

Office: Bangalore

Sector: Chemical Manufacturing  

Funding Round: Series B

Investors: Accel, Bertelsmann India Investments

Bengaluru startup Scimplify, which is a specialty chemicals manufacturing and sourcing platform, has raised USD 40 million in Series B funding, which was co-led by Accel and Bertelsmann India Investments, and participated by UMI, Omnivore, and 3one4 Capital.

This newest funding raises the company's seed and Series A rounds total to USD 54 million.

With this injection of capital, Scimplify seeks to further fuel its global expansion beyond the current 16 countries. The organization also looks to deepen its presence in life sciences, crop sciences, and industrial chemicals, which present main pain points in raw material sourcing, regulatory compliance, and large-scale manufacturing.

Website: https://www.scimplify.com/