Indian startup Scimplify has secured $40 million in Series B funding to expand its AI-powered specialty chemicals marketplace, connecting manufacturers with chemical producers globally.
The round was co-led by Accel and Bertelsmann India Investments, with participation from UMI, Omnivore, and 3one4 Capital. This brings Scimplify’s total funding to $54 million since its launch in 2023.
Solving Supply Chain Gaps in Specialty Chemicals
Scimplify addresses key challenges in the pharmaceutical, agriculture, and industrial sectors, where:
- Access to specialty chemicals is fragmented, with suppliers spread across multiple countries.
- Dependence on Chinese suppliers is becoming riskier due to geopolitical tensions.
- Manufacturers struggle to source chemicals that meet U.S. FDA, GMP, and other compliance standards.
CEO Sachin Santhosh emphasized the platform’s mission:
“We simplify procurement by providing verified, compliant suppliers across multiple regions, reducing reliance on any single market.
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Scimplify’s ATOMS Marketplace
The company’s ATOMS platform connects manufacturers to 5,000+ factories across India, China, Vietnam, Egypt, and Japan, offering:
- Pre-vetted chemical producers, audited semi-annually.
- Process-engineered chemicals to make them cost-effective.
- Custom, made-to-order chemicals for unique manufacturing needs.
Growth & Expansion Plans
- 600+ customers served across 16+ countries.
- Subsidiaries in Dubai and Indonesia, with plans to expand into the U.S. and Japan.
- Exploring acquisitions of chemical factories to strengthen supply chain control.
Accel’s Shekhar Kirani praised Scimplify’s disruptive potential:
“By digitizing and optimizing a traditionally opaque supply chain, Scimplify is poised to become a global leader in specialty chemicals procurement.”
With $40M in fresh funding, the company is set to reshape global specialty chemical sourcing, making access faster, more transparent, and more reliable for manufacturers worldwide.
