AI-based robotics startup Haber raised $20 million in Series B led by Ascent Capital where Accel, Elevation Capital, Beenext, Mukul Chawla (Temasek Partner) and the founders of GreyOrange(another robot-as-a-service company), Samay Kohli and Akash Gupta also participated.
Haber develops AI-driven industrial robots that automate the manual processes of sample collection, measurement, analysis, and intervention in factories. The funds will be used to expand its reach into new geographies and industries, with the goal of saving over 400 billion litres of water over the next two years and deploying over 10,000 eLIXAs over the next five years. Haber has assisted its customers in saving fifty billion litres of water and avoiding 500,000 tonnes of carbon emissions. Reducing carbon emissions is a critical environmental issue that will be highlighted at the COP26 summit in November 2021.