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Economic Times

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Image Credit: Economic Times

Robotics startup Haber raises $38 million from Creaegis, others

  • Artificial intelligence-driven robotics startup Haber has raised Rs 317.2 crore (about $38 million) in a funding round led by private equity firm Creaegis, along with participation from Accel India, and BeeNext Capital.
  • The funds will be used for the company’s growth, expansion, marketing, and general corporate activities, the company said in the filing.
  • Haber is an AI-driven robotics startup that develops and provides industrial robots designed to automate labour-intensive tasks in factories.
  • Haber’s AI-powered automation solutions enable industries to cut down the consumption of chemicals, energy, and water, leading to cost savings and more sustainable operations.

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