Applied Computing raises $20 million Series A funding for Orbital AI platform targeting oil and gas operations
Funding Provisional 95% confidence first seen
Applied Computing, a London-based AI startup, secured $20 million in Series A funding led by KBR to expand its Orbital platform, which uses physics-informed AI and foundation models for oil and gas facility operations. The funding will support international expansion and increased commercial deployment of the platform, which the company claims can accelerate investigations and analysis across upstream, downstream, and petrochemical operations.