Chemical sourcing startup Scimplify closes $25M investment

Chemical sourcing startup Scimplify closes $25M investment

Scimplify, a startup that helps companies source the chemicals they use to make their products, has raised $25 million in funding.

TechCrunch reported today that the Series C round was led by Hitachi Ventures. It was joined by two Scimplify customers: consumer goods giant Henkel AG and Teknor Apex Inc., a major supplier of server cable materials. A number of returning investors chipped in as well.

Scimplify, officially Cocreate Global Technologies Pvt Ltd…