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B2B robotics startup Haber Raises USD 44 mn in Funding from Creaegis, BEENEXT, and Accel
December 2024
Haber, an industrial artificial intelligence (AI) startup, has raised USD 44 million in Series C funding led by Creaegis, BEENEXT, and Accel. The round includes USD 38 million in equity and USD 6 million in debt, aimed at driving the company’s international expansion, especially in the Americas, where demand for AI-driven industrial automation is surging exponentially. Co-founder and COO, Priya Venkat, emphasized the focus on scaling operations in the Americas and diversifying into new process manufacturing industries.
Established in 2017 by Venkat, Vipin Raghavan (CEO), and Arjunan PN (vice-president, technical), Haber specialises in AI-powered robots for automating factory tasks such as sample collection, measurement, and analysis. Its solutions also help industries reduce chemical, energy, and water usage across food, agriculture, and oil and gas sectors.
Haber’s proprietary AI and ML algorithms are transforming the global manufacturing sector by enabling intelligent automation and efficient process control. The company, now serving over 100 clients, began in India and expanded to the Middle East and India. Investors praised Haber’s profitability and customer trust, highlighting its ability to deliver measurable results.
With nearly doubled revenue from key customers, Haber’s technologies simplify data-driven decisions, bypassing traditional lab testing and optimising manufacturing efficiency, freeing up time and resources for strategic initiatives.
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