intelligence360
  • SUBSCRIBE
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Scimplify bags $40M to transform specialty chemicals manufacturing amid global supply chain upheaval

Scimplify bags $40M to transform specialty chemicals manufacturing amid global supply chain upheaval

March 12, 2025 Craig Etkin

Fluctuating tariffs and geopolitical tensions are forcing industries to find innovative manufacturing solutions. The Scimplify platform is a full-stack solution, combining scientific expertise with a network of specialized plants to alleviate the traditional supply chain issues, providing a responsive ecosystem to adapt to market needs.

Houston, Texas – March 12, 2025; The global chemical supply chain is being rewritten. Fluctuating tariffs, trade wars, and growing geopolitical tensions are forcing critical industries to scramble for new manufacturing solutions. In specialty chemicals – the essential ingredients powering everything from pharmaceuticals to agriculture – this disruption is even more acute due to a fragmented and inflexible supply base. Today, Scimplify announces a $40 million Series B funding round to scale its revolutionary platform that’s fundamentally transforming how specialty chemicals are developed, manufactured, and distributed worldwide.

The $40m series B funding round was co-led by Accel and Bertelsmann with participation from UMI and existing investors including Omnivore and 3one4 Capital. This latest round brings Scimplify’s total funding to $54 million, following $13.5 million raised across seed and Series A rounds. The investment will supercharge the company’s already impressive international growth, with exports currently reaching 16 countries and plans to aggressively expand both geographically and into new industry segments.

Founded in mid-2023, the company’s co-founders include Salil Srivastava, Sachin Santhosh, and Dheeraj Dhingra. These veterans spent the previous decade bringing Indian factories to a global customer base, Scimplify brings specialty chemical manufacturing under one roof. Their breakthrough approach: a full-stack solution that combines in-house scientific expertise with a massive network of over 200 specialized manufacturing plants across low-cost regions. This creates a true ‘plug and play’ alternative to traditional manufacturing – customers simply bring their chemical needs, and Scimplify handles everything from R&D to specialized production, leveraging the perfect manufacturing partner for each specific chemistry without the capital investment or operational complexity of traditional approaches.

“Global supply chains are shifting like never before,” says Sachin Santhosh, Co-Founder at Scimplify. “For decades, specialty chemical manufacturers have invested millions in facilities that can only produce a handful of compounds, often running at partial capacity while lacking R&D capabilities. This creates a paradox: excess capacity alongside supply shortages. We’ve flipped this model, connecting our scientific teams with hundreds of manufacturing plants to create a responsive ecosystem that can adapt as market needs shift.”

The timing for this couldn’t be more critical. As countries move to secure their supply chains and reduce dependencies on single regions, the specialty chemicals sector faces a once-in-a-generation transformation. The impact of Scimplify’s approach is being felt immediately. US customers previously locked into Chinese supply chains for critical specialty chemicals are now accessing superior alternatives from India without the headaches of establishing ground teams or navigating complex onboarding processes. This allows them to accelerate innovation while building more resilient and cost-effective supply networks. Scimplify offers a full stack model to its customers where they can entrust end to end supply responsibilities for key products under one umbrella. 

The company now serves leading innovators and manufacturers across life sciences, crop sciences, and industrial chemicals in major markets including the US, Europe and Japan.

What separates Scimplify from traditional manufacturers is its speed and flexibility. While competitors remain anchored to fixed assets and limited chemistries, Scimplify can rapidly pivot across different chemical processes and scale production based on real-time customer needs. Their R&D capabilities provide expertise typically inaccessible to individual manufacturers, allowing them to solve complex chemical challenges that others simply cannot address.

“Each specialty chemical requires significant scientific know-how and R&D investment,” adds Sachin Santhosh. “We’ve built a model that brings together the best scientific minds with hundreds of highly specialized manufacturing plants, creating a chemistry powerhouse that can tackle virtually any chemical challenge across critical industries.”

Rachit Parekh, Principal at Accel said, “The global supply chain for specialty chemicals is at an inflection point. Traditional manufacturing supply chains lack the flexibility required in today’s geopolitical environment as well as the rapid changes in end customer requirements. Scimplify is building an R&D led global manufacturing network which allows for flexibility coupled with innovation. At Accel, we have had a long standing thesis that R&D led speciality chemical companies which take advantage of the deep pool of manufacturing capabilities in India and globally can create global giants. We have been following the Scimplify journey from day 0 and their execution has been impressive. We look forward to this partnership and working with the team over the next decade.”

Rohit Sood, Partner at Bertelsmann India Investments added: “We are excited to significantly double down on our commitment to Scimplify, after our initial investment last year. Their execution on the ground has been among the best we’ve seen, driving not just impressive topline growth but also a rapid multi-country export scale-up and the establishment of a cutting-edge R&D facility in Hyderabad. Scimplify is uniquely positioned to harness India’s strengths in specialty chemicals and capitalize on the evolving dynamics of global procurement in this sector.”

Looking ahead, Scimplify plans to aggressively expand its international footprint while continually adding new industry segments through enhanced R&D capabilities. The company is positioning itself at the center of a fundamental shift in global chemical manufacturing, building the infrastructure for a more resilient, innovative, and responsive industry.

About Scimplify

Scimplify is a full-stack platform for specialty chemicals, offering products across key industries like Agrochemicals, Pharmaceuticals, Flavors & Fragrances, Industrial Chemicals, and more. With an in-house R&D team of scientists and a network of manufacturing plants, we deliver cost-efficient, scalable solutions globally to customers. Combining advanced technologies, sustainable practices, and digital capabilities, we transform the chemical manufacturing value chain. For more information, please visit https://www.scimplify.com/

About Accel 

Accel is a global venture capital firm that aims to be the first partner to exceptional teams everywhere (Facebook, Flipkart, etc.), from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, Browserstack, Flipkart, Freshworks, FalconX, Infra.Market, Chargebee, Clevertap, Cure Fit, Musigma, Moneyview, Mensa Brands, Myntra, Moglix, Ninjacart, Swiggy, Stanza Living, Urban Company, Zetwerk, and Zenoti, among many others. We help ambitious entrepreneurs build iconic global businesses. For more, visit: www.accel.com


Uncategorized

Post navigation

NEXT
Hugs Cafe to spend $9.3 Million to occupy 14,000 square feet of space in Mckinney Texas.
PREVIOUS
Grace Bible Church to spend $5.6 Million to occupy 15,199 square feet of space in Hico Texas.
Comments are closed.
Subscribe for FREE!

intelligence360

intelligence360
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
Load More... Subscribe

Categories

Recent Posts

  • Bespoken Spirits Announces Successful Close of Series-C Funding Round June 9, 2025
  • Bito Raises $5.7M Seed Extension to Expand AI Code Review Platform with Codebase Awareness June 9, 2025
  • Pillar Biosciences Raises $34.5M in Funding June 9, 2025
  • CloudZero Raises $56M Series C To Redefine Cloud Cost Optimization In The AI Era June 9, 2025

Archives

© 2025   Copyright SI360 Inc. All Rights Reserved.