Haber, a Pune, India-based AI-powered industrial startup, has raised $44 million in Series C funding.
Investors
The round was led by Creaegis, BEENEXT, and Accel.
Founded in 2018, Creaegis is a growth and expansion firm based in Bengaluru, India. The firm prefers to invest in the consumer, financial services, healthcare, and technology sectors.
BEENEXT is a Singapore-based venture capital firm that focuses on early-stage investments, primarily in tech-related companies from India, Southeast Asia, Japan, and the USA.
Accel is a global venture capital firm that partners with exceptional teams from inception through all stages of private company growth. Over the past 40+ years, the firm has helped ambitious entrepreneurs build iconic global businesses.
Haber Use of Funds
The company will use the funding to scale its operations internationally.
About Haber
Founded in 2017 by Vipin Raghavan, Arjunan PN, and Priya Venkat, Haber develops AI-driven robots that automate various tasks in industrial processes, from sample collection to analysis. Leveraging AI-driven automated solutions, Haber optimizes manufacturing processes, enhances efficiency, and drives sustainability. Its solutions are designed to balance profitability with environmental responsibility. The company serves over 100 clients across India, the Middle East, and Africa.
Funding Details
Company: Harber
Raised: $44.0M
Round: Series C
Funding Date: December 2024
Lead Investors: Creaegis, BEENEXT, Accel
Additional Investors:
Company Website: https://www.haberwater.com/
Software Category: Industrial Automation
Source: https://cxotoday.com/press-release/haber-secures-44-million-in-series-c-funding-to-expand-industrial-ai-solutions-globally/