2 years ago
Continuum Industries Raises $10 Million Series A to Expand AI-Powered Energy Infrastructure Planning Platform
Continuum Industries, an Edinburgh-based AI energy transition company, raised $10 million in Series A funding led by Singular
The company intends to use the funds to support its growth, aiming to double headcount and expand into new territories over the next 12 months
Founded in 2018, Continuum Industries provides an AI-powered platform that enables power, utility, and renewables companies to assess routing options for energy infrastructure
The company has supported customers in the UK, Netherlands, Spain, Italy, and the USA, including National Grid, SSEN Transmission, and Iberdola Group.
ProblemEnergy Transition
"making renewable energy infrastructure planning more efficient"
Solution
"providing an AI-powered platform that enables companies to visualize, analyze, and assess routing options for power lines, onshore and offshore cables, and pipelines for hydrogen, water, and CO2"