Scimplify has raised $25 million to challenge China's hold on critical materials, using AI, TechCrunch reports. The company says its annualised revenue run rate has tripled to $200 million.
It is now looking at expansion into the United States.
Source: techcrunch.com, reported 10-14. https://techcrunch.com/2026/10/14/scimplify-raises-25m-to-challenge-chinas-grip-on-critical-materials-with-ai/