£9.0M
The seed round was led by Stride.VC with participation from Repeat.vc to scale the company's industrial AI platform.
"There is a comforting fiction that we can simply swap out the old for the new. But the scale of the transition is immense. The infrastructure of heavy industry cannot be erased — it must be transformed. That’s why we built Orbital. Without the energy industry, life as we know it is impossible. Refiners and petrochemical firms are the lifeblood of civilisations, yet their existence is frozen in time as many of the facilities that power our world are nearly 50 years old. As energy and chemical demand rises steeply at a global level, it is crucial that these essential industries transform themselves. Artificial intelligence can deliver significant financial and environmental improvements to benefit everyone on the planet."