Scimplify, a Bengaluru-based specialty chemicals and advanced materials startup, has raised $25 million to scale its AI-assisted manufacturing platform, according to TechCrunch.
The more eye-catching number is revenue. TechCrunch reports the company’s annualized revenue run rate has tripled to $200 million, and Scimplify is now looking at a bigger push into the US.
What Scimplify actually does
Think of Scimplify as a booking platform for chemical plants. It does not own most of the factories. It rents their spare capacity, coordinates the work, and sells the output to global buyers.
The company calls its platform ATOMS. It covers sourcing, research and development, and contract manufacturing of specialty chemicals and advanced materials.
Production runs through a network of 200 to 550 partner facilities, mostly in India. Scimplify adds its own layer of science on top, with more than 50 in-house R&D scientists.
The customer list spans pharmaceuticals, agrochemicals, personal care, semiconductors, batteries, defense and AI infrastructure.
The AI part is internal. Scimplify uses the technology to speed up chemical synthesis, tune manufacturing processes, and predict where one material can stand in for another.
The numbers behind the raise
Before this round, Scimplify had raised approximately $53–54 million in total across multiple rounds.
That included a $9.4 million Series A. A $40 million Series B followed in March 2025, at a post-money valuation of roughly $150 million.
Earlier reporting indicated the company was in discussions for a Series C in 2026. Those talks were aimed at raising between $19 and $40 million at post-money valuations of $245 to $300 million.
On the revenue side, the company’s FY25 operating revenue came in at Rs 200 crore, or approximately $24 million. TechCrunch now puts the annualized run rate at $200 million, following a tripling.
Roughly 40% of revenue now comes from high-value segments: AI, semiconductors and defense.
Why chemicals are suddenly a tech story
Scimplify has developed capabilities for producing chemicals used in sub-10nm semiconductor manufacturing.
Its footprint already reaches more than 35 countries. It has offices in the US, Japan, the UAE and Indonesia, and has been expanding into the US, Japan and Europe.
The company was founded by Sachin Santhosh, Salil Srivastava and Dheeraj Dhingra.
Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.