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Orbital Industries has raised $50 million in a Series B funding round led by Plural to scale commercial deployment of products aimed at the data center industry.

PRIVATEMay 28, 20262 months ago

Amount Raised

$50 Million

Round Type

Series B

San FranciscoManufacturingArtificial IntelligenceMachine Learning

Investors

Fly VenturesCompoundRadical VenturesNventuresPlural

Description

Orbital Industries, a startup using AI to design advanced materials, has raised a $50 million Series B funding round led by Plural. Nventures, along with other prior investors, participated in this round. The new capital will help expand its team and develop its AI platform for various industrial applications. Orbital plans to sell the materials directly instead of licensing them to large companies.

Company Information

Company

Orbital Industries

Location

San Francisco, California, United States

About

Orbital Industries is a startup focusing on the design of advanced materials using artificial intelligence. It recently raised $50 million in Series B funding to scale commercial deployment of its products aimed at the data center industry. The company leverages its AI platform to develop new materials and optimize manufacturing processes directly, rather than licensing out its technology. Founded by a former Google DeepMind researcher, Orbital Industries aims to push the frontier of AI in science and engineering.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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