Orbital Industries

Orbital Industries, a company at the forefront of AI-driven industrial hardware and infrastructure, has successfully secured £37.3 million ($50 million) in a Series B funding round. The investment was led by Plural, with continued participation from existing investors including NVentures (NVIDIA), Radical Ventures, Compound, and Fly Ventures.

Summary of transaction details:

• Value: £37.3 million (Series B)
• Sector: DeepTech & AI (Industrial AI, AI Infrastructure)
• Advisor: Not specified
• Key Entities: Target: Orbital Industries, Lead Investor: Plural, Participating Investors: NVentures (NVIDIA), Radical Ventures, Compound, Fly Ventures
• Location: Not specified

Note: This funding is earmarked to scale Orbital Industries’ data centre products, expand its AI and engineering teams, and accelerate the development of its platform for broader industrial applications beyond data centres. The company aims to leverage AI to integrate materials discovery, engineering, and manufacturing, thereby bringing new industrial technologies to market more efficiently, addressing the engineering challenges of extreme compute density required for next-generation GPUs.