Funding Round

Applied Computing raises £9M to advance AI for industrial optimization

StartupHub.ai Staff

By StartupHub.ai Staff, Editorial team

1 min read

Applied Computing raises £9M to advance AI for industrial optimization

London-based Applied Computing has raised £9 million in seed funding. The company develops AI foundation models for the energy industry. The round was led by Stride.VC and Repeat.vc.

Applied Computing uses advanced AI to improve the efficiency of existing energy infrastructure. Its goal is to reduce costs, energy consumption, and emissions. The company's flagship product is the Orbital platform. Orbital is designed to optimize current assets rather than replace them. It integrates language, physics, and chemical-engineering AI models to provide real-world intelligence. The platform runs fully on-edge. This allows it to process sensitive operational data locally without sending it offsite. In live deployments, Orbital has shown it can cut energy use at refineries by up to 10 percent. It has also achieved up to 90 percent improvement over prior benchmarks on key metrics. Customers have seen up to 75 percent cost savings compared to traditional cloud platforms. The company reports a payback period of under ten weeks. Applied Computing is already working with some of the world's most complex industrial sites, including a major oil refinery.

The new investment will support international growth and new partnerships.

Sources

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TopicsAIEdge AIEnergy EfficiencyFoundation ModelsIndustrial AIRepeat.vcSeed fundingStride.VC

StartupHub.ai Staff

Written by

StartupHub.ai Staff

Editorial team

The staff writers of StartupHub.ai, ranging from investment analysts to avid AI tool users, early adopters and critical enthusiasts. Backgrounds span engineering, business and the arts. We hold every piece to rigorous standards of research and review.

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