Singapore-based AI infrastructure startup Acrab raised $130 million in Series B funding, surpassing $480 million in total capital raised. The round was backed by existing investors including Vertex Ventures.
Acrab, headquartered in Singapore, has established itself as a key player in the competitive AI infrastructure sector. The Series B round adds significant resources to the startup's operations as demand for AI computing resources continues to accelerate globally.
The funding brings the company's valuation into the multi-billion-dollar range, positioning it among Southeast Asia's most well-capitalized AI startups. Existing investors' continued participation signals confidence in Acrab's business model and market opportunity.
The startup operates in a crowded space alongside competitors like CoreWeave and Lambda Labs, which have similarly raised substantial capital to build GPU infrastructure and support the AI economy. Acrab's geographic advantage in Singapore provides access to Asian markets experiencing rapid AI adoption across finance, technology, and enterprise sectors.
The company has not disclosed specific plans for capital deployment, though infrastructure startups typically allocate funds toward expanding data center capacity and improving service offerings.
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