Singapore VC Granite Asia leads the $ 60 million financing tour for AI ‘Casting’ to finance global expansion



The AI ​​Data Casting plot, as an ambitious expansion of the US-based starting expansion, a financial period of a financial round, which is a financial round, which is a financial round, closed a financial period.

AI beginners focus on Asia for looking for new markets for AS AI models. Local AI developers like China’s DeepSeekAsia shows that AI models are sitting on the technological border.

“This funding is about round necessity; He said the ambition,” said CEO Venkat Rangapuram said. “Turbens of this investment mission: AI systems, enterprises with systems are strong, flexible and carefully.”

The center plans to use funds to further develop its platform functionality, developing research and development, develop cooperation with partners such as NVIDIA, Microsoft and Lenovo.

AI is starting with bigger enterprises trying to eliminate strange, hallows and other errors, including EU. “If the model is not based on very specific scenarios and data sets, it can really solve the problems in the enterprise,” he said in a conversation of Rangapuram Luck. “There are many things that need to be thought before you start living in an enterprise rig.”

The central, the United States began as the Pactera, China IT Consulting and an outsourcing company. In 2020, in 2020, after China Electronics Corporation, Pactera won in 2020, as a result became an independent company.

Said Rangapuram Fortune Especially in ASEAN and Singapore, the “disruptive and exciting opportunities” of the AI ​​of the AI ​​excited. (“Physical AI” is models designed to work with real world machines such as production equipment.) “The future is not only in North America, not in North America,” he said.

The desire to expand in new markets, why the plot became a granite Asian and famous Ventu capitalist (and MPW Asian finalist) Jenny Lee, one of the high-managing partners of the Foundation. Rangapuram showed “Network and Resources” as we are shyverified from the North American market in the network and sources of “networks and sources” in Asia and India “, as we are shyverified in the North American market.”

Granite Asia, in turn, sees as part of the words that concentrate the mission to build “sustainable infrastructure for the future of the industry.” The central enterprise is placed without an unparalleled partner in the AI ​​Stack. ”

Granite Asia was born from the GGV capital of an enterprise with deep roots in Asia. Lee established GGV’s first Chinese office in 2005 and supported the giants such as Alibaba, Grab and Xiaomi. Still, in 2023, after watching the investment in China in China, he decided to divide the GGV to two, and the Asian-based business became a granite Asia.

The fund quickly established new relations between the region. Last year, the last created a strategic partnership with the Indonesian Investment Organization, one of the Sovereign Wealth Funds of Indonesia Place $ 1.2 billion Investment opportunities. Announced in March New joint venture Japan’s private capital company and Japan’s technological sector is not divided into a $ 100 million pool.

Then on Tuesday, Granite Asia One of the two foreign VCsTaiwan’s Appworks together with the appworks, to participate in a new Malaysian Initiative to invest in local beginnings and global companies were elected in the Southeast Asian country again.

“As in Asia, Asia always felt that there is no capital focus in Asia,” said Lee Fortune at the end of October. “Our meeting is to become a dominant capital platform for beginners, founders and enterprises in the region: the capital for anchored region in the region.”



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