Scimplify, an Indian startup specializing in connecting pharmaceutical and agriculture companies to specialty chemical manufacturers, has secured $40 million in funding, co-led by Accel and Bertelsmann Investments. This funding values the company at $150 million. Their platform, ATOMS, helps businesses find specialty chemicals, overcoming challenges of scattered global suppliers and compliance requirements. Scimplify focuses on vetting manufacturers and offering tailored chemicals, serving 600 clients across 16 countries. Its expansion aims to capitalize on shifting global supply chains amid geopolitical tensions.
Scimplify aims to connect manufacturers with specialty chemical makers through its ATOMS platform, which lists chemicals from over 5,000 factories across 10 countries.
The recent $40 million funding round values Scimplify at $150 million, positioning it to expand in the U.S. market and beyond.
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