KUALA LUMPUR, June 30 (Bernama) -- Circeus, an artificial intelligence (AI)-native holding company, has launched with an equity investment from the European Bank for Reconstruction and Development (EBRD), alongside participation from other investors.
According to a statement, the launch introduces Circeus as the group's holding company brand, reflecting the broader business-to-business (B2B) software portfolio with AI embedded across its operations.
The investment will help expand its central AI engineering capability and support future acquisitions. The group has completed 18 acquisitions over the past four years and serves more than 200,000 businesses worldwide.
“As AI evolves software from passive tools into systems that act and execute, the addressable market for technology is expanding several-fold. We are building the platform to capture this shift.
“We were not running a fundraising process, as we are profitable and well capitalised, but we chose to make space for EBRD given their institutional standing and to lean further into a market that presents several attractive opportunities,” said Circeus Founder and Chief Executive Officer, Luca Cartechini.
Meanwhile, EBRD investor Bruno Lusic said the bank is backing Circeus as it brings AI to mission-critical software, adding that the company's long-term growth model aligns with the EBRD's investment mandate.
Circeus grows through a repeatable acquisition model, acquiring software businesses and integrating them into a central AI capability that embeds AI into products, automates operations, and reuses infrastructure, data, and insights across its portfolio.
The company said founders who sell their businesses to Circeus retain their brands, teams, and customer relationships while gaining access to the group's AI engineering, growth expertise, and centralised back-office support.
Looking ahead, Circeus aims to accelerate AI adoption by embedding advanced AI capabilities into the mission-critical software used by businesses across multiple industries.
-- BERNAMA
