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AI startup Acrab raises $130m in Vertex-backed Series B funding
India
The fresh capital will help the startup expand into new markets and invest in supply chain and technology.
The round was backed by Vertex Ventures Southeast Asia & India and Vertex Growth.
Greater China
Big-cheque financing in AI and embodied intelligence reached new heights.
DISCOVER Robotics has reached a post-money unicorn valuation of at least $1 billion.
The VC firm recently hit first close of its third fund, securing $40m commitments.
Rest of Asia
Smallest.ai’s total funding now stands at more than $21m.
Indonesia
General Partner Takahiro Suzuki explains the Japanese VC’s plans following the close of Fund IV.
The investment will help the company expand its regional footprint.
The fund has a target corpus of Rs 175 crore, along with a greenshoe option of Rs 75 crore.