Two innovative startups, Haber and Datazip, have secured significant funding to support their growth in robotics and data engineering.
Pune-based Haber has raised Rs 317.2 crore (about $38 million) in a Series C funding round. The round was led by Creaegis, with participation from Accel India and BEENEXT Capital. This is Haber’s first big funding round after three years.
The new funds will help Haber expand its operations and meet other business needs. Haber builds AI-powered industrial robots. These robots automate tasks like collecting samples, measuring, and analyzing in industries like food and beverages, agriculture, and oil and gas. Their technology also helps companies reduce energy, water, and chemical usage.
Haber’s valuation after this round is now around Rs 1,242 crore (or $148 million). So far, the company has raised more than $65 million, including $20 million in a Series B round in 2021. Accel holds the largest stake in the company at 18.1%, followed by Creaegis and Elevation Capital.
In FY23, Haber earned Rs 82 crore in revenue but reported a loss of Rs 36.7 crore. The company competes with other robotics firms like Detect Technologies, Altizon, and Fero Labs.
Datazip, a Bengaluru-based startup, has raised $1 million in a seed funding round. Equirus InnovateX Fund invested Rs 6 crore in this round. This is the second investment from their $30 million tech-focused venture fund.
Founded in 2022 by Sandeep Devarapalli, Shubham Baldava, and Rohan Khameshra, Datazip builds a data engineering platform to boost productivity for data engineers. The platform helps businesses improve their data workflows and get real-time insights to stay competitive.
The data lakehouse market is currently valued at $11.1 billion and is expected to grow to $66.6 billion by 2033. With the new funds, Datazip plans to expand its operations. The company has already onboarded 15 clients and is set to grow even more in the next year.