Applied Computing wants to give oil and gas operators an AI model for the entire plant
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Applied Computing, a London-based startup, raised $20 million in Series A funding to deploy an AI model called Orbital that helps oil and gas facilities integrate sensor data, engineering documentation, and physics-based analysis. The company claims Orbital can compress investigations that previously took days or weeks into seconds, and is already generating double-digit millions in annual recurring revenue across unnamed large, publicly listed energy operators. With the funding, Applied Computing plans to expand internationally, hire AI researchers, and establish operations in Houston and the Middle East to serve more energy clients.
Why it matters
Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.