Gigaton banked €24.4M ($26M) Series A funding led by Plural. The London-based startup specializes in apply industrial AI to heavy manufacturing processes, aiming to reduce both operational costs and carbon emissions.
The company provides a platform that monitors and optimizes industrial workflows, specifically targeting high-polluting sectors such as cement and steel. By processing real-time data from thousands of sensors across factory floors, Gigaton identifies inefficiencies that contribute to waste. Its technology is designed to help manufacturers reduce energy consumption by up to 15% without requiring significant hardware overhauls.
Current clients include industry giants such as Holcim and Heidelberg Materials. The startup previously raised a seed round in 2024 and has quickly scaled its operations to meet demand from multinational corporations facing pressure to reach net-zero targets. The new capital will be used to expand the engineering team and accelerate deployment across global manufacturing sites.
As European capital increasingly flows into "Physical AI", Gigaton's successful raise highlights a shift in investor focus toward software solutions that solve tangible decarbonisation challenges in the continent's industrial heartlands.
Originally reported by Sifted.