Singapore’s Acrab raises $350 M to construct agentic AI compute infrastructure

Over $350 million in funding has been provided to Acrab, a Singapore-based technology company that is developing agentic AI computing infrastructure, during its early stages of development.

Acrab said in a statement on Wednesday that it intends to use the additional funding to grow partnerships with foreign technology companies, expedite platform development, deepen research in agentic computing systems, and bolster its position in important international markets.

Through its Vertex Ventures SEA & India and Vertex Growth funds, Vertex, the global venture platform supported by Temasek, was one of the first investors in Acrab. As the Acrab reached significant technological milestones, Vertex increased its investment, the AI firm continued.

The CEO of Acrab, Ken Phua, was co-CEO of Arm China and held executive positions at Arm UK. The CEO noted that as AI systems develop into heterogeneous computing environments, CPUs are becoming more and more crucial. Therefore, a whole new computational base is needed to enable agentic AI experiences.

According to Kee Lock Chua, CEO of Vertex Holdings, Vertex initially supported Acrab because it believed that the next generation of AI would operate at the edge rather than in the cloud. As Acrab turned that theory into a verified platform, Vertex’s trust grew.

Acrab was established in 2024 and creates a full-stack compute architecture that includes operating systems, AI silicon, local LLM inference, multi-modality human-machine interfaces, and agent orchestration tools. As it approaches its initial commercial acceptance and mass manufacturing, its first-generation compute platform, GELIX, has been proven in challenging real-world deployment situations and is intended to support local LLMs for agentic AI workloads.