Singapore-based frontier technology company Acrab has emerged from stealth with over $350 million in cumulative financing to build hardware and software infrastructure for agentic AI.
Vertex Ventures Southeast Asia and India, and Vertex Growth were among Acrab’s earliest backers and have continued to increase their investment as the company reached key technology milestones, Acrab said in a statement.
The financing rounds also drew participation from global venture capital firms and strategic industry investors, the company said, without disclosing further details.
Acrab said it will use the capital to accelerate platform development, deepen research and development in next-generation agentic compute systems, expand collaborations with global technology partners, and strengthen its presence in key international markets.
Founded in 2024, Acrab is developing a full-stack compute architecture for agentic AI, covering AI silicon, local large language model inference, operating systems, multimodal human-machine interfaces, and agent orchestration technologies.
Acrab is targeting edge AI use cases, including personal AI PCs, home hubs, in-vehicle intelligence, industrial operations, and robotics.
“The CPU is once again at the centre of the AI era,” said Acrab CEO Ken Phua. “CPUs are becoming increasingly important as AI systems evolve into heterogeneous computing environments, where execution depends not only on NPU performance, but on the seamless coordination between CPUs and NPUs.”
Kee Lock Chua, CEO of Vertex Holdings, said the firm backed Acrab in its earliest days on the view that the next wave of AI would increasingly run at the edge rather than solely in the cloud.
“Acrab is building exactly that. Our confidence has only deepened as the team has translated that thesis into a validated platform, and we have increased our commitment at every step,” Chua said.
