Applied Computing spearheads AI revolution with £9m funding
Deal News | May 30, 2025 | UK Tech Funding
Applied Computing, a startup founded in 2023, has closed a £9 million seed funding round led by Stride.VC, with participation from Repeat.VC. The company has developed Orbital, an AI platform aimed at enhancing efficiency in the energy sector, specifically for oil, gas, and petrochemical industries. This platform is trained on data from downstream energy facilities to support the transition of fossil fuel companies to net-zero emissions. Applied Computing is addressing the massive scale of transformation needed in heavy industries and promises significant financial and environmental benefits through AI. Key hires have been made from industry giants like Shell, Palantir, and BP, indicating a strategic enhancement of capabilities. The platform is said to be operational at production scale, improving efficiencies, and laying the groundwork for a smarter energy system.
Sectors
- Energy
- Technology/Artificial Intelligence
- Venture Capital
Geography
- United Kingdom – The funding and key participants, like Stride.VC and Repeat.VC, are based in the UK, making it the primary geography.
- Global – The impact of the AI platform developed by Applied Computing is discussed in a global context, particularly in terms of its environmental benefits.
Industry
- Energy – The article is focused on the energy sector, specifically targeting oil, gas, and petrochemicals with AI solutions.
- Technology/Artificial Intelligence – The development and application of AI technology in the energy sector is central to this article.
- Venture Capital – The article discusses a significant funding round led by venture capital firms, highlighting their role in tech financing.
Financials
- £9m – The amount of the seed round funding secured by Applied Computing.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Applied Computing | Target | Company | A startup developing AI solutions for the energy industry. |
| Stride.VC | Investor | Company | The lead investor in the £9m seed funding round. |
| Repeat.VC | Investor | Company | A venture capital firm participating in the funding round. |
| Dr. Sam Tukra | Co-founder and Chief AI Officer | Person | Key executive of Applied Computing. |
| Callum Adamson | Chief Executive | Person | CEO of Applied Computing and spokesperson in the article. |
| Fred Destin | Founder | Person | Founder of Stride.VC, the lead investor. |