Haber has developed proprietary AI technology that enables manufacturers to eliminate the complexity of traditional data analysis and optimize resource use. The company has driven efficiency and sustainability in the Indian paper industry and aims to extend into other manufacturing sectors such as mining, metal, and food & beverage. Haber plans to accelerate expansion into North America and establish an office in Chicago. It will also set up an advanced R&D lab focused on generating training data and AI models. The company intends to hire engineers, data scientists, industry specialists, and sales and support professionals. Financially, Haber completed a $44M Series C comprising $38M in equity and $6M in debt. Haber (Elixa Technologies) develops AI-driven industrial robots and automation services, with a flagship eLIXA product for chemical dosing across manufacturing verticals including paper, sugar, distilleries, breweries and mining. The company emphasizes water and carbon savings, saying it has helped customers save 50 billion liters of water and eliminate 500,000 tons of carbon emissions. In November 2021 Haber closed a $20.0M Series B, bringing its total capital raised to $27.0M. Haber plans to use the funds to expand into new geographies and industries and to scale deployments. The company aims to save over 400 billion liters of water in the next two years and to deploy more than 10,000 eLIXA units over the next five years. These environmental targets are central to its growth strategy as it scales industrial automation deployments.

Total raised

$64M

Funding rounds

3

Latest round

Series C

Latest activity

Dec 2024