London-Based Gigaton Raises $26 Million Series A To Expand AI-powered Industrial Control Platform
Jun 3, 2026 | By Oliver Bennett

Gigaton, a London-based AI company developing control software for energy-intensive industries, has raised $26 million in Series A funding.
SUMMARY
- Gigaton, a London-based AI company developing control software for energy-intensive industries, has raised $26 million in Series A funding.
The round was led by Plural, with participation from 2150, Semapa Next, and existing investors including Planet A Ventures, Cambridge Enterprise Ventures, UCL Technology Fund managed by AlbionVC with UCL Business, and Clean Growth Fund. The funding brings the company’s total capital raised to more than $35 million.
Founded to modernise industrial operations, Gigaton develops AI-powered control software that helps heavy industries improve efficiency, reduce emissions, and lower energy consumption.
Its platform is designed for sectors such as cement, steel, glass, and chemicals, where rising energy costs and operational complexity are putting pressure on plant performance.
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Unlike traditional optimisation tools, Gigaton’s technology integrates directly into existing plant infrastructure and can replace legacy control systems. Using simulations, predictive models and live operational data, the platform continuously evaluates and adjusts parameters such as fuel mix, kiln speed and oxygen levels to optimise performance in real time.
The company says its software enables operators to maintain visibility and control while benefiting from autonomous decision-making that improves process stability and reduces resource consumption.
Gigaton will use the new funding to accelerate product development, expand deployments with industrial partners, and scale its AI platform across more manufacturing facilities as it enters its next phase of growth.
According to Josh Vernon, CEO of Gigaton, many industrial operators are facing increasing pressure to adapt existing facilities to more complex operating conditions:
The underlying software infrastructure most plants run on today was never built to manage the complexity plants are forced to deal with today. We have built Gigaton to deliver real cost and carbon savings now while building the AI infrastructure these industries need in a fully autonomous future.
About Gigaton
Founded in 2020, Gigaton is a London-based industrial AI company that develops autonomous control and optimisation software for energy-intensive industries. Its platform helps manufacturers improve efficiency, reduce operating costs and lower carbon emissions by using AI to optimise complex industrial processes in sectors such as cement, steel, chemicals, and glass.
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