News Post

Scimplify raises $9.5 Mn in Series A round led by Omnivore and Bertelsmann

Entrackr · 1m

Scimplify, a platform for sourcing and manufacturing of specialty chemicals, has raised $9.5 million in its Series A round led by Omnivore, alongside Bertelsmann India Investments and existing investors 3one4 Capital and Beenext. Entarckr was first to report about Scimplify’s Series A in June. With this new round, the company plans to double down on its R&D capabilities and add more geographies where key customer segments lie. Founded by Salil Srivastava and Sachin Santhosh, Scimplify is a B2B fulfillment platform operating across the product life cycle from contract research to commercial chemical manufacturing across industries such as pharmaceutical, personal care, and agrochemical. According to the company’s website, it offers a science-first, end-to-end contract manufacturing platform for agrochemicals, pharmaceutical APIs, and flavors & fragrances. The Bengaluru-based firm competes with Atomgrid, which raised $1.2 million in its seed round led by Merak Ventures in May this year. Covvalent, another key player in the space, raised $4.3 million led by Nexus Ven.