Haber, industrial AIstart-up, has successfully raised $44 million in its Series C funding round, which included $38 million in equity and $6 million in debt. The funding round was led by Creaegis, BEENEXT, and Accel, demonstrating strong investor confidence in the company’s innovative AI-driven solutions and its vision for global expansion.

Haber plans to deploy the capital primarily to scale the company’s operations internationally, with a key focus on the Americas, where the demand for AI-led industrial automation solutions is growing rapidly.

“Haber has set new benchmarks for efficiency and sustainability in manufacturing,” said Priya Venkat, Co-Founder and COO of Haber. “This success lays the foundation for our next big step – expanding into the Americas, where the demand for industrial AI solutions is immense. We also plan to extend our solution to other process manufacturing industries.”

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In 2021, Haber had raised $20 million in a Series B funding round led by Ascent Capital. Through its proprietary technologies, Haber ensures that manufacturers can make accurate data-driven decisions without delving into complex data analysis, freeing up time and resources for strategic initiatives. Testing samples in lab, analysing data and taking corrective action has become a thing of the past with Haber.

Founded in 2017 by Raghavan, Arjunan PN, and Priya Venkat, Haber develops AI-driven robots that automate factory tasks from sample collection to analysis. The company’s technology has helped clients save over 50 billion litres of water and eliminate half a million tonnes of carbon emissions.

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The company began its operations in India and is now instrumental in driving efficiency and sustainability across [100+] clients in India, Middle East, and Africa

BEENEXT’s Managing Partner Hero Choudhary emphasised the company’s performance: “The company’s ability to prioritise and deliver on both profitability and margin growth is truly impressive. They have built immense trust with their customers, consistently delivering measurable results. This is why we’ve chosen to double down on our investment.”