Cocreate Global Technologies Private Limited, dba Scimplify, has raised $25 million from a Series C fundraise led by Hitachi Ventures, with participation from Accel, Bertelsmann Investments, 3one4 Capital, Omnivore, and other strategic investors, including Henkel and Teknor Apex.
Argus Partners advised Scimplify on this fundraise.
The transaction team consisted of Ankit Guha (Partner), Vallishree Chandra (Partner), Associates Srishti Sneha and Amruth Rao.
Scimplify is a Bengaluru-based speciality chemicals and advanced materials company.
The investment by Hitachi Ventures marks a significant milestone for Scimplify, strengthening its strategic ties with Japan and creating opportunities for deeper integration into the Japanese corporate procurement ecosystem and global speciality chemicals supply chains.
The fundraise will support Scimplify's expansion of its research and manufacturing capabilities, particularly in critical minerals, semiconductor chemicals and battery materials, while strengthening its presence in international markets and further developing its AI-powered platform, SciNode.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.