Scimplify is $ 40 million to help manufacturers reach specialized chemicals

ScimplifyA Indian startup that helps pharmaceutical and agriculture companies reach a group of specialized chemicals, which raised $ 40 million in a new financing round led by Access and Bertelsmann to expand their scope in the United States and reach new markets.

The company said that the B Round Pegs Scimplify series is about $ 150 million after money.

Specialized chemicals are vital for manufacturing in many industries, but access is still a problem, as manufacturers of these chemicals are spread all over the world. Companies have mostly relied on Chinese suppliers for the source of such chemicals, but geopolitical tensions are increasingly driving manufacturers to search for alternatives in other regions. Moreover, customers often find it difficult to find a certain chemical if they are looking for a reactor, chemistry, or specific compliance such as FDA or GMP.

Scimplify aims to connect manufacturers with specialized chemical makers using their platform and arms, which list specialized chemicals from more than 5,000 factories run by more than 200 factories in 10 countries including India, Vietnam, Egypt and Japan. It aims to start operating in the first place medications, agriculture and industry.

Vets Buildings Startup Vets audits it by semi -annual third parties, separating it from geography, chemistry, capabilities and compliance. It is also the current chemical processing engineer to make it costly effective and related to various cases of use.

Sashin Sanathosh, co -founder of Techcrunch, told Scimplify so far 600 customers in more than 16 countries around the world.

Unlike other markets, Santhosh said, and Simplify also offers chemicals made on demand by working with chemical producers, and allows customers to easily switch from one recipe to another using the manufacturer network.

Before Scimplify, Santhosh worked at B2B Startups Bizongo and Offbushing, both of which helped simplify supply chain and supply chain operations. Participants, Salel Srivastava and Dihirraj Dengra, both of whom had previously worked at ZetWerk to manufacture the supply chain.

The startup plans to use new funds to expand its geographical existence, meet the needs of the new industry sectors, and enhance research and development. Scimplify has subsidized companies in Dubai and Indonesia, and is looking to establish offices in the United States and Japan. It has a team of 150 people.

Santhosh told Techcrunch, that he is now considering obtaining a factory or two chemical factories to cancel new types of customers and markets subject to organization.

Series B also witnessed the participation of UMI, current investors, omnivore and 3one4 Capital. The company has collected financing 54 million dollars so far since its establishment in 2023.