Acrab Secures over US$350 Million in Financing to Advance Agentic AI Compute Infrastructure
With early backing from Vertex Ventures SEA & India and Vertex Growth, Acrab is developing the hardware and software infrastructure required for the next wave of AI, where intelligent agents can understand context, coordinate actions, and complete tasks in real time. ’
• Acrab has been dedicated to building the infrastructure for agentic compute, elevating AI capability from reasoning to action, from getting answers to getting things done.
• Emerging from stealth, Acrab has raised over US$350 million in cumulative financing since its founding, and has successfully brought out its first-generation agentic compute chip and software solution.
• Vertex Ventures SEA & India and Vertex Growth identified Acrab’s potential early and have continued to increase its investment alongside its key technological milestones.
Singapore, 18th June, 2026 – Acrab Inc (“Acrab” or the “Company”), a frontier technology company building next-generation agentic AI compute infrastructure, today announced that it has received over US$350 million in cumulative financing throughout its early development.
Vertex, the global venture platform backed by Temasek, was among the earliest investors in Acrab through its Vertex Ventures SEA & India and Vertex Growth funds. It has continued to increase its investment as the company achieved critical technological milestones. The financing rounds also include participation from a strong group of global venture capital firms and strategic industry investors.
The continued support reflects Vertex’s growing confidence in Acrab’s vision and technical strength to build a unified compute foundation for the next generation of agentic AI. Both the Company and Vertex share conviction in the market opportunity for agentic AI at the edge: from personal AI PCs and home hubs, in-vehicle intelligence, industrial operations, to general robotics.
Agentic AI Is Becoming the New User Interface
AI is entering a new stage of evolution – While generative AI helps people get answers, agentic AI helps people get things done.
Rather than simply responding to questions and prompts, agentic AI systems will increasingly understand context, infer intent, coordinate tools and carry out tasks on behalf of users. Over time, they learn, self-iterate, and become more attuned to the individuals or environments they serve.
This shift creates demand for a new compute layer capable of delivering highly efficient edge computing power, deep and evolving knowhow, real-time orchestration and task-driven execution. Acrab is building the infrastructure foundation for this next generation of AI.
Building the Compute Foundation for the Agentic AI Era
Acrab develops a full-stack compute architecture spanning AI silicon, local LLM inference, operating system, multi-modality HMI, and agent orchestration technologies. Its first-generation compute platform, GΞLIX, is designed to support local LLMs to empower agentic AI workloads. Among various application domains, GΞLIX has already been validated in some of the most demanding real-world deployment environments, and is in the process for its first industry adoption and mass production. The company believes future AI experiences will increasingly be private-by-design, context-aware, and capable of proactive assistance.
Dr. Ken Phua, CEO of Acrab, brings a global technology perspective shaped by his Singapore roots, UK doctoral training, and years of leadership in the silicon industry, including a distinguished career at Arm UK, where he spearheaded Asia Applications Engineering, co-led global IP strategies, and later served as co-CEO of Arm China. Over the past decades, he has played a major role in shaping the evolution of compute architecture in response to the demands of real-world applications. His deep understanding of CPU architecture and heterogeneous computing positions him to lead Acrab’s next paradigm of intelligent computing.
“We are living through a renaissance – the CPU is once again at the center of the AI era,” said Dr. Ken Phua, CEO of Acrab. “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. This is our belief and our core strength in architecture design. Delivering this new generation of agentic experiences calls for a fundamentally new compute foundation. Acrab is building it.”
“We backed Acrab in its earliest days, because we shared a conviction that the next wave of AI won’t run in the cloud, it will run at the edge, and it will need a new compute foundation built for it,” said Kee Lock Chua, CEO of Vertex Holdings, the anchor investor in the global network of Vertex funds. "Acrab is building exactly that. Our confidence has only deepened as the team has translated that thesis into a validated platform, and we’ve increased our commitment at every step."
Global Talent, Full-Stack Execution
Founded in 2024, Acrab has assembled a globally experienced team of engineers with deep expertise across semiconductor design, AI algorithms, and operating systems. Headquartered in Singapore, the Company combines deep technical capabilities across hardware and software to develop infrastructure for next-generation AI systems.
With the new capital, Acrab plans 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.
About Acrab
Acrab is a technology company building agentic AI compute infrastructure for the next generation of intelligent systems. Founded in 2024, the company develops high-performance AI compute architecture and integrated software platforms designed to bring AI agents into action, providing personalized assistance and real-time executions in various edge environments.
By combining purposely-designed silicon, state-of-the-art edge AI model, full stack software capability, and system orchestration, Acrab provides the compute foundation for AI agent systems accessible across everyday life, bringing assistance, creativity, fun and value.
For more information about Acrab, please visit www.acrabai.com.
