Haber Industrial robotics maker Haber has raised $44 million in its Series C round led by Creaegis, BEENEXT, and Accel. The round was led by Creaegis, BEENEXT, and Accel. The financing consisted of $38 million in equity and $6 million in debt.
In October, Entrackr exclusively reported on the Series C round.

The proceeds will be used to scale its operations internationally, particularly in the US, to serve the demand for artificial intelligence-led industrial automation solutions.

Raghavan, Arjunan PN, and Priya Venkat founded Haber, which develops artificial intelligence-powered industrial robots that automate labor-intensive tasks like sample collection.

Food and beverages, agriculture, and oil and gas are some of the sectors where Haber helps industries reduce chemical consumption.

There is a $20 million Series B round led by Ascent Capital with participation from Accel, Elevation, and Beenext in November 2021. Accel is the largest external stakeholder with an 18.1% stake, followed by Creaegis and Elevation. Accel is the largest external stakeholder with an 18.1% stake.

While the FY24 numbers are not yet disclosed, Haber reported a total revenue of Rs 82 crore and a loss of Rs. 36.7 crore in FY23. It's up against the likes of Prosus-backed Detect Technologies, Altizon, and Fero Labs.

Haber counts Aditya Birla and Tata Steel among its clients. Sugar mills, distilleries, paper mills, breweries, independent institutions and mining operations are some of the applications it includes automation services for chemical dosing across.