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Indian chemical science and technology enterprises Scimplify completed round B financing of us $40 million, with a cumulative financing amount of us $54 million. Through the integration of global scientific research resources and manufacturing network, the company has solved the problem of mismatch between supply and demand in the field of specialty chemicals, has served customers in 16 countries, and plans to accelerate the upgrading of R & D system and global market expansion.
Scimplify, an innovative enterprise in the chemical industry, recently announced the completion of round B financing and successfully received a capital injection of 40 million us dollars. This round of financing is jointly led by multinational capital Accel and Bertelsmann India Investment Company, followed by established investors such as UMI, Omnivore and 3one4 Capital. It is worth noting that after Bertelsmann's first capital injection last year, this additional investment shows the institution's strong confidence in its development prospects.
data show that the enterprise has completed a total of 54 million US dollars in financing from seed round to round B, of which 13.5 million US dollars were obtained in the early financing stage. The newly obtained capital will focus on the expansion of the global business network. At present, its service network has covered 16 important industrial markets, including the United States, Europe and Japan, covering three core areas of life sciences, crop protection and industrial chemicals.
In the face of the long-standing structural contradiction in the global specialty chemicals industry-the coexistence of excess stock and demand gap,Scimplify has created a "scientific research-manufacturing" collaborative system. Sachin Santhosh, co-founder of the enterprise, pointed out: "Traditional manufacturing facilities generally have a dual-track dilemma of lack of research and development capabilities and low capacity utilization. We have built a dynamically adjustable industrial ecology by connecting more than 200 professional factories with top scientific research teams. "
the platform's original collaboration model to effectively solve the industry's pain points: not only to avoid heavy asset investment, but also to quickly respond to changes in market demand. According to the person in charge of the technology, its Hyderabad R & D center has formed a complete technology transformation system, which can realize large-scale mass production of laboratory results within 45 days, which is 60% shorter than the traditional model.
Rachit Parekh, head of Accel,'s lead investor, stressed: "In the global context of supply chain restructuring, Scimplify's R & D-driven network shows unique value. Their success in combining the manufacturing advantages of India with cutting-edge scientific research capabilities is the key to our continued optimism. "Rohit Sood, partner of Bertelsmann India, especially appreciated its implementation ability:" The team not only achieved an average annual revenue growth of 200 per cent, but also established an intelligent supply chain network covering many countries. "
According to the enterprise development plan, this round of financing will focus on three aspects: 1) R & D center expansion, new industrial catalysis, polymer synthesis and other laboratories; 2) European production base construction, improve the global supply chain layout; 3) expand electronic chemicals and other emerging areas. The company expects to expand to 30 countries in the next three years and increase its annual production capacity to five times the current one.
industry observers pointed out that the "chemical industry cloud platform" model Scimplify is building may trigger a paradigm shift in global specialty chemicals manufacturing. Through the digital integration of scattered R & D and manufacturing resources, the platform has solved more than 1200 complex chemical synthesis problems for global customers, demonstrating strong industrial integration capabilities.
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