HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Scimplify Secures $5 Mn New Funding Round

[Funding News] Scimplify Secures $5 Mn New Funding Round

Scimplify, a platform for all specialised chemical sourcing and manufacturing, raised $5 million in a new round.

In December of last year, Scimplify raised $3.67 million from 3one4 Capital and Beenext as part of its seed round.

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Scimplify had stated during the previous fundraising campaign that it intended to extend its coverage to 20 countries and include four additional chemical categories. At the moment, it operates manufacturing plants in Gujarat, Hyderabad, and Karnataka.

Omnivore recognised potential in the range of agrochemical products offered by Scimplify. Among other things, it provides adjuvants, biostimulants, emulsifiers, plant growth stimulators, and biofertilizers. Entrackr was the first to report on the development.

A B2B fulfilment platform, Scimplify serves the pharmaceutical, personal care, and agrochemical sectors throughout the whole product life cycle, from contract research to commercial chemical manufacturing.

About Scimplify

Founded in 2023 by Salil Srivastava and Sachin Santhosh, Scimplify is a science-first platform for end-to-end sourcing and manufacturing of specialty chemicals.

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