Acrab said on June 17 that it has received more than US$350 million in total financing since its founding in 2024.

The Singapore-headquartered startup developing agentic AI compute infrastructure.

The startup said Vertex Ventures SEA & India and Vertex Growth were early backers. It also said it has launched a first-generation chip and software platform called GΞLIX. The platform is designed to support local large language models for agentic AI workloads.

Acrab said the capital will speed up platform development, support research and development. It will also expand collaborations with global technology partners, and strengthen its presence in international markets.

The company’s international expansion plans come as Singapore has stepped up export-control enforcement around advanced semiconductors and AI-related technologies. Authorities also issues  additional compliance guidance in April.

🔗 Source: Acrab Inc