Singapore VC Granite Asia leads $60 million funding round for AI ‘data foundry’ Centific to fund global expansion | Fortune Asia
July 02, 2025
The “AI data foundry” Centific closed a $60 million Series A funding round led by the Singapore-based venture fund Granite Asia, as the U.S.-based startup explores an ambitious expansion to Asia.
AI startups are now paying close attention to Asia as they search for new markets for their AI models. Local AI developers, such as China’s DeepSeek, are showing that Asian AI models are sitting on the technological frontier.
“This funding round isn’t about necessity; it’s about ambition,” CEO Venkat Rangapuram said in a statement. “This investment turbocharges our mission: to empower enterprises with AI systems that are resilient, agile, and meticulously fine-tuned.” READ MORE