Singapore-based AI startup Akro raises $700K Pre-Seed funding from Amigos Venture Capital

Akro, a Singapore-based artificial intelligence (AI) business, announced on Tuesday a $700,000 pre-seed fundraising round led by Amigos Venture Capital.

According to Akro, strategic angel investors from financial services, healthcare, and consumer technology participated in the round, which aimed to streamline data workflows in regulated areas.

“In regulated industries, information is fragmented, documents are inconsistent and mistakes carry real consequences. That’s why organizations still rely on armies of people to process information manually,

“This funding will go towards expanding our engineering team to accelerate product development and purchasing more AI hardware to deepen our research efforts,” said Marcus Quek, Co-Founder and Chief Executive Officer of Akro.

According to the statement, organizations in highly regulated industries continue to rely on unstructured documents and fragmented information for critical operations, forcing employees to spend significant time manually extracting, verifying, and reporting data.

Akro addresses this challenge by automating document-intensive workflows using proprietary AI models capable of processing scanned files, handwritten records, and complex forms. The company says its technology delivers greater accuracy than frontier AI models and conventional document intelligence solutions when extracting information.

Beyond data extraction, Akro’s platform learns an organization’s workflows and automates end-to-end data processes. Rather than relying on a single general-purpose AI model, it deploys a network of specialized models that operate more efficiently, reduce costs, and ensure complete data privacy.

Within its first year, Akro evolved from an early-stage prototype into a production-ready platform, securing deployments with government agencies and enterprise clients across sectors including defense, financial services, and logistics. During the same period, the company expanded its team from two employees to eight.

Akro has also entered into a strategic partnership with ti&m to broaden its presence across the Asia-Pacific (APAC) region as well as Europe, the Middle East, and Africa (EMEA).

“What stood out to us was the founders themselves: their conviction, technical depth and pace of execution,

“The traction Akro has built in just one year speaks to their ability, and we are proud to lead this round and partner with them on this journey,” said Mattias Rejman, Co-Founder & General Partner of Amigos Venture Capital.