What does Applied Computing do?
Applied Computing delivers Orbital, a multi-foundation AI system that leverages physics-grounded algorithms to help oil, gas and petrochemical industries harness their data for enhanced decision-making and operational efficiency.
How much did they raise?
The company raised £9M in Seed funding, led by Repeat VC and Stride.VC, marking a significant early milestone in its development journey.
What are their plans for the money?
With the capital infusion, Applied Computing intends to expand its operations and accelerate the development of its AI platform, potentially transforming operational processes within the energy sector.
What have they achieved so far?
Since its establishment in 2023, the company has successfully developed and deployed Orbital, demonstrating its capability to optimize complex industrial systems in real time.