Scimplify Secures $25 M to Accelerate Critical‑Material Development

Scimplify, an AI‑driven materials‑research platform, has closed a $25 million all‑equity strategic round led by Hitachi Ventures, valuing the company at $250 million. The funding will help the company reduce the typical 12‑18‑month development cycle for new materials to just two months, according to its AI platform Scinode. Scimplify’s annualized revenue has already surpassed $200 million, and the firm plans to expand its production network to the United States and Japan while accelerating domestic substitution of tungsten and rare‑earth materials. Key investors include Henkel and Teknor Apex, and the company’s growth signals a push to challenge China’s dominance in critical‑material supply chains. The round underscores the increasing interest in AI‑enabled materials science, with Scimplify positioning itself as a strategic partner for companies seeking faster, more cost‑effective access to high‑performance alloys and composites. The company’s expansion into the U.S. and Japan is expected to strengthen its global footprint and support its goal of reducing reliance on imported critical materials.

Written with AI from the reporting · updated 10/14/2026