Akro, a Singapore-based artificial intelligence startup, has announced raising $700,000 in a pre-seed funding round anchored by Amigos Venture Capital.
The round also drew participation from strategic angel investors with backgrounds in financial services, healthcare, and consumer technology, per the announcement.
Founded in 2025, Akro develops AI models that automate document-heavy workflows by extracting and validating information from scanned documents, handwritten records and other unstructured data.
The company said its platform uses a network of specialised AI models rather than a single large model, allowing it to process data more efficiently while keeping sensitive information private.
Chief executive Marcus Quek said the fresh capital will be used to expand Akro’s engineering team, accelerate product development and invest in AI computing infrastructure.
SOUTHEAST ASIA DEAL MONITOR
DealStreetAsia has put together a table listing prominent startup investments in Southeast Asia in the fortnight beginning June 22.
| Startup name | Headquarters | Investment Size | Investment Stage | Lead investor(s) | Other Investor(s) | Industry / Verticals |
|---|---|---|---|---|---|---|
| Biobot Surgical | Singapore | $15,500,000 | Undisclosed | ClavystBio | ZIG Ventures | Biotech |
| Akro | Singapore | $700,000 | Pre-Seed | Amigos Ventures Capital | AI | |
| ChemT | Singapore | $4,000,000 | Seed | Wavemaker Ventures, SEEDS | Wavemaker 360 Health, Draper University Ventures, Temasek Life Sciences Accelerator | Biotech |
| H3 Zoom | Singapore | $3,600,000 | Series A | JRE Ventures | SGInnovate, M7 Holdings | AI / Deeptech |
| Libeara | Singapore | $14,000,000 | Undisclosed | GSR | Openspace Capital, South Korea’s Kyobo Life Insurance Group, AlloyX, Kaia Investment Partners, Simsan Ventures, Monk’s Hill Ventures, | Digital Asset |
