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Acrab announces US$130 million Series B as commercialization phase begins

Acrab announces US$130 million Series B as commercialization phase begins

The Singapore-based AI infrastructure startup said the round included Vertex Growth and lifted total funding above $480 million, with proceeds aimed at capacity expansion, ecosystem development and its next computing platform.

Fact Check
Every element of the claim is corroborated. The official PR Newswire release confirms the US$130 million Series B, Vertex Growth participation, Singapore-based AI infrastructure identity, and proceeds aimed at capacity/production scaling, ecosystem development, and next-generation compute. The 'above $480 million' total is confirmed by DealStreetAsia and Coin Edition and is arithmetically consistent with Vertex's June 2026 statement that Acrab had already raised over US$350 million (350 + 130 = 480+). The PR release's 'exceeds US$350 million' phrasing appears to reference the pre-round cumulative figure rather than contradicting the post-round total.
Summary

Acrab has raised US$130 million in a Series B round backed by Vertex Growth, Vertex Ventures SEA & India and other institutional investors, taking total funding above $480 million as the Singapore-based startup pushes deeper into commercialization. The company previously emerged from stealth with more than US$350 million in cumulative funding and launched its GΞLIX 1-powered Agent Box platform. Acrab said it is building a full-stack AI computing platform spanning self-developed chips, edge AI models and software orchestration to support real-time AI Agent operations and task execution, and will use the new capital to expand product capacity, strengthen its technology ecosystem and accelerate development of its next-generation platform.

Terms & Concepts
  • Series B: A growth-stage funding round companies use to scale products, hiring and market expansion.
  • edge AI: Artificial intelligence run on local devices or nearby hardware instead of relying only on distant cloud servers.
  • AI Agent: Software designed to carry out tasks autonomously or semi-autonomously using artificial intelligence.