Orbital Industries has secured €43 million ($50 million) in Series B funding, led by Plural, to scale its AI-driven data center hardware. This round, which also saw participation from NVentures (NVIDIA) and Radical Ventures, will fuel expansion of its AI and engineering teams and the development of its platform for broader industrial applications. The company, founded in 2022, aims to accelerate the discovery and market introduction of new industrial technologies.
Amount: $43.0M