Scimplify raises $40M to help manufacturers access specialty chemicals

Be confusedAn Indian beginnings, ACCEL and Bertelsmann, who helped pharmaceutical and agricultural companies access a number of qualified chemicals, won $ 40 million in a new financing tour to reach new markets.

According to the company, the robbol poles said the assessment of the series was about $ 150 million in the level of about $ 150 million.

Specialty chemicals are important for production in many industries, but the entrance is still a problem because these chemicals are bleeding into the world. Companies mainly trust Chinese suppliers such chemicals, but geopolitical tensions are increasingly pushing manufacturers to seek alternative in other regions. Moreover, clients are often difficult to find a certain chemical or compliance, as a certain reactor, chematic or compliance as the US FDA or GMP.

Using bending, manufacturers platform, using the platform, atoms, China, Vietnam, including India, China, Vietnamese, Egypt and Japan, aims to connect with special chemical producers using more than 200 factories in 10 countries. The beginning is primarily targeting pharmaceutical, agriculture and industry.

Starting vets manufacturers are checked by third parties and separate them based on geography, chemistry, capacity and compatibility. In addition, existing chemicals process engineers to adapt them for effective and different use.

Scimplify has so far served 600 customers in more than 16 countries, and told Sachin Snthosh Techcrunch.

Unlike other marketplaces, Santhosh said that simplified chemicals to order and order with chemical producers and allow customers to use a recipe to another easily from one recipe to another.

Before fighting, Santhosh B2B Starts worked in Bizongo and offbusiness, both helped to provide purchases and supply chain processes for enterprises. His co-founders, Salil Srivastava and Dheeraj Dhingra, both previously worked in the manufacturing chain company Zetwerk.

The beginning plans to use fresh cash to provide and increase new industrial segments, new industrial segments. There are branches in Dubai and Indonesia and want to build offices in the United States and Japan. There is a team of 150 people.

Now new types are thinking of obtaining one or two chemical factories to unlock and adjustable markets, TechCrunch.

The B Series B also saw the participation of existing investors, Omnivore and 3ONE4 capital. The company has financed $ 54 million since since its since its start in 2023.