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Continuum Industries Raises $10M To Accelerate Infrastructure Planning

Continuum Industries Raises $10M To Accelerate Infrastructure Planning

09/25/23, 7:04 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svgedinburgh
Money raised
$10 million
Industry
software
Investors
Singular
Today, AI infrastructure planning company Continuum Industries announced it has raised $10 million in Series A funding in a round led by Singular.

Company Info

Company
Continuum Industries
Location
edinburgh, scotland, united kingdom
Additional Info
Tackling decarbonisation and the transition to net zero means radically transforming the vast network of energy infrastructure which makes the modern world go. To meet this unprecedented challenge, we need to build considerably more infrastructure at an unprecedented pace. The planning of new linear infrastructure projects is often lengthy and requires taking into account a multitude of technical considerations and reconciling the often competing viewpoints of various stakeholders. At Continuum Industries, we aim to accelerate the world’s transition to renewable energy by enabling faster, lower-risk and more environmentally conscious project development for power, utility and renewables companies. Our solution, Optioneer™, leverages geospatial data combined with design and planning rules and tests millions of potential routing alternatives against project-specific environmental, social, cost and technical considerations. Our AI-powered platform generates a shortlist of tailored options, in just a few hours. Using Optioneer’s user-friendly interface, the project team is able to compare and evaluate the shortlisted routes against key performance indicators, iterate when new data arises and keep a record of key decisions made during the process. Optioneer drives efficiencies across every project, streamlining collaboration and facilitating more dynamic engagement with stakeholders. It's time to make infrastructure projects work smarter, not harder.

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