London-based Gigaton has raised a $26m Series A funding round led by venture firm Plural. The industrial AI startup focuses on reducing manufacturing costs and energy consumption through artificial intelligence technologies. This investment signals growing confidence in AI-driven solutions for heavy industry, where efficiency gains can deliver substantial returns.

Gigaton's platform targets the manufacturing sector's energy-intensive processes, applying machine learning to optimize production workflows. The company joins a growing cohort of climate-tech ventures leveraging AI to address industrial decarbonization challenges, particularly relevant as manufacturers face mounting pressure to reduce carbon footprints while maintaining competitiveness.

The round reflects increasing investor appetite for industrial AI applications, which promise measurable cost savings and environmental benefits. Manufacturing accounts for roughly 20% of global carbon emissions, making efficiency improvements a compelling proposition for both investors and industrial operators seeking sustainable solutions.

With this capital injection, Gigaton plans to expand its technology deployment across European manufacturing facilities. The funding validates the commercial viability of AI-powered industrial optimization, as traditional manufacturers increasingly adopt digital tools to remain competitive in a decarbonizing economy.