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Scimplify raises $25M led by Hitachi Ventures at $250M valuation

Bengaluru-based Scimplify has closed a $25 million all-equity strategic funding round led by Hitachi Ventures, with customers Henkel and Teknor Apex joining as new investors alongside existing backers Accel India, Bertelsmann India Investments, Omnivore and 3one4 Capital. The round reportedly values the startup at $250 million, up from $150 million after its March 2025 Series B, bringing total equity raised to $80 million.

NRC grants TVA first US construction permit for GE Vernova Hitachi's BWRX-300

The Nuclear Regulatory Commission has issued the Tennessee Valley Authority a construction permit for a BWRX-300 small modular reactor at the Clinch River site in Oak Ridge, Tennessee. It is the first such permit granted for this reactor design in the United States, following an extensive NRC review of TVA's application.

Hitachi's new EcoCute CO2 water heaters add solar tariff-shifting controls for 2026 launch

Hitachi Global Life Solutions has unveiled a Y-series of EcoCute CO2 heat pump water heaters for Japan, with sales beginning progressively from November 2026. The flagship BHP-FV37YD and BHP-FV46YD models offer mains-pressure hot water in 370-liter and 460-liter capacities for three-to-five and four-to-six person households respectively, though full efficiency specs remain undisclosed. The key update is broader compatibility with electricity tariffs that reward daytime water heating, selectable directly via the unit's remote controller.