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Orbital Industries raises €43M Series B for AI-designed industrial hardware

Funding · Scaling Europe · 28 May 2026

Orbital Industries raises €43M Series B for AI-designed industrial hardware

Orbital Industries banked €43 million ($50 million) in Series B funding led by Plural. The round saw participation from NVentures (NVIDIA), Radical Ventures, Compound, and Fly Ventures. This latest capital injection is destined to scale the company's data centre products and expand its engineering headcount.

The London-based firm uses AI to design, engineer, and manufacture industrial hardware. Rather than treating materials science, engineering, and factory production as distinct phases, the company integrates these workflows into a single system. This approach aims to accelerate the transition from initial materials discovery to commercial-grade hardware for the physical economy.

Founded in 2022, the company is initially targeting the data centre market through its commercial brand, Orbital IT. The co-founding team includes CEO Jonathan Godwin, a former DeepMind researcher, alongside repeat founder James Gin-Pollock and Daniel Miodovnik. The firm intends to eventually apply its AI-driven manufacturing platform to broader industrial sectors, including energy and compute infrastructure.

The investment reflects a sustained trend in the European ecosystem where capital is shifting toward the "physical layer" of AI. As software applications mature, the focus of growth-stage funding has increasingly landed on the hardware, cooling systems, and advanced materials required to support large-scale compute environments.

Originally reported by EU-Startups Daily.

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All European fundingUK fundingSeries B roundsAI / Industrial Hardware funding

Originally reported on source.