Industrial AI
Intropy Raises $11M to Automate Spare Parts Operations
Spare parts businesses manage thousands of products across systems that were often built decades ago. Inventory, pricing and procurement decisions can still depend on spreadsheets and manual reviews. London-based Intropy has raised an $11 million Seed round led by Felix Capital. Quiet Capital joined the round alongside existing investors General Catalyst and firstminute capital. General […]
Perceptual Robotics Raises £4M for Wind Turbine Inspections
Wind turbines lose value when small blade defects are discovered too late. Perceptual Robotics has secured more than £4 million during 2026 to expand its autonomous inspection and maintenance technology. The funding combines backing from Investing for Purpose, Loggerhead Ventures and One Planet Capital with support co-funded by Innovate UK, part of UK Research and […]
Travis Kalanick’s Atoms Raises $1.7B From a16z to Build Industrial AI
Atoms, the new venture from Uber and CloudKitchens founder Travis Kalanick, has raised a $1.7 billion equity investment led by a16z, with Ben Horowitz joining the board, to build Industrial AI for entire economic sectors. The round unites Kalanick’s businesses under a single Atoms equity structure and is backed by a deep bench of equity […]
Applied Computing Raises $20M to Build Foundation AI for Energy
Energy plants collect enormous volumes of operational data. The harder problem is turning it into decisions operators can trust. London-based Applied Computing has raised $20 million in Series A funding to expand Orbital, its foundation AI platform for oil, gas, refining, and petrochemical operations. The round was led by engineering and technology company KBR, with […]
Monumental Raises $32M to Scale Autonomous Construction Robots
Construction does not only have a labor shortage. It has an automation deployment problem. Amsterdam-based Monumental has raised $32 million in Series B funding to expand its fleet of autonomous construction robots across Europe and prepare its first US pilot projects. The round was led by Khosla Ventures, with existing investors Plural and Hummingbird Ventures […]
TerraFirma Raises $115M to Scale Robotic Construction Infrastructure
Austin-based TerraFirma has raised approximately $115 million to expand a full-stack construction platform built around software, remote operations and semi-autonomous heavy equipment. The financing includes a $100 million Series A led by Kleiner Perkins. Bain Capital Ventures, Glade Brook Capital Partners, BANNER VC, Saga Ventures, Trust Ventures, Definition, PEAK6, Magnetar Capital and Ravelin Capital also […]