Scimplify AI Secures $25M to Break China Material Dominance

Scimplify AI funding announcement

Scimplify AI Lands Major Strategic Investment Scimplify AI has closed a $25 million all-equity strategic round aimed at disrupting China’s stronghold on critical materials supply chains. The Bengaluru-based startup, founded in 2023, announced the funding on Tuesday with Hitachi Ventures leading the investment. Strategic customers Henkel and Teknor Apex joined as new backers, while existing … Read more