Gigaton

Self-learning control for energy intensive industries

London, United Kingdom · Founded 2019 · $31.0M raised

Headquarters
London
Employees
11–50
Founded
2019
Business Model
B2B
Website
gigaton.co
Total Funding
$31.0M
Last Round
$26.0M Series AJun 2026
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Gigaton (formerly Carbon Re) builds AI-powered self-learning control systems that replace legacy software in energy-intensive industries including cement, glass, steel, and mining. Spun out of UCL and Cambridge University in 2020, their systems autonomously manage kiln speed, fuel mix, and oxygen levels, delivering $1-3M in annual savings and up to 30,000 tonnes of avoided CO2 per plant.

Summary

Gigaton is an Artificial Intelligence company based in London, United Kingdom, founded in 2019. It has raised $31.0M in total across 2 rounds, most recently a $26.0M Series A round in Jun 2026. Investors include Plural and Clean Growth Fund.

Tech & App Stack

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Funding History

Series ASeries AJun 2026
$26.0M

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Funding: Seed through Series A. Amounts, valuations, and investors where available.

Investors

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