TNW | Artificial-intelligence
Scimplify raises $25M to speed up critical materials production with AI
German money is in the round, and the new production is going to America and Japan rather than Europe
Via TNW | Artificial-intelligence
·Excerpt
Indian startup Scimplify has raised $25M led by Hitachi Ventures to supply specialty chemicals and critical materials outside China, with German customer Henkel joining as an investor. The new production network is going to the US and Japan, not Europe.
Scimplify has raised $25M to supply specialty chemicals and critical materials from outside China. German money is in the round, and none of the new capacity is going to Europe.
Hitachi Ventures led the all-equity round, with customers Henkel and…
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