Industrial AI startup Haber raises $44M in funding to bring AI-driven manufacturing to North America

Industrial AI startup Haber has raised $44 million in its Series C funding round, with $38 million in equity and $6 million in debt. The round included participation from Creaegis, BEENEXT, and Accel, reflecting strong investor confidence in the company’s AI-driven manufacturing solutions.

The new funding will support Haber’s expansion into North America, where demand for advanced manufacturing technology continues to grow. The company’s automation tools aim to streamline manufacturing, boost efficiency, and reduce environmental impact, offering businesses a practical path toward sustainable practices.

Rapid Growth and Zero Churn

Founded in 2017 by Vipin Raghavan (CEO), Priya Venkat (COO), and Arjunan PN (VP, Technical), Haber has quickly established itself in the smart manufacturing sector. Over the past year, the company has doubled its revenue from key customers while maintaining a rare zero-churn rate.

Unlike traditional manufacturing methods, Haber uses AI-driven automation to optimize manufacturing processes, improve efficiency, and reduce environmental impact. By delivering results that balance profitability with sustainability, the company is redefining standards in manufacturing and expanding its influence globally.

Haber’s proprietary AI simplifies decision-making for manufacturers, helping them cut down on water and energy use while improving operational outcomes. These efforts position the company as a leader in balancing profitability and sustainability.

“Haber has consistently set new benchmarks for efficiency and sustainability in manufacturing,” said Priya Venkat, Co-founder and COO.

She emphasized that the company’s North American entry comes at a time when industries like paper and packaging are undergoing major changes. The rise in sustainable packaging has created variability in raw materials and production processes, challenges that manual methods struggle to address.

Addressing Operational Challenges

Venkat noted that shorter operator tenures in manufacturing have further complicated operations, making it harder for industries to retain expertise and maintain efficiency. Haber’s AI solutions address these gaps by managing process variations and supporting consistent, sustainable performance.

Haber is already working with one of the largest integrated forestry companies in the U.S., using its technology to ensure consistent product quality and optimized input costs.

Building a North American Presence

With this investment, Haber plans to establish a strong presence in North America, beginning with an office in Chicago and an advanced R&D lab. The company aims to recruit engineers, data scientists, and industry experts to strengthen its team and support its growth.

Haber’s solutions, developed through its extensive experience in India’s resource-intensive pulp and paper industry, are designed to be deployed quickly and effectively. This approach enables manufacturers to adopt smart technologies with minimal disruption.