Continuum Industries Raises $10 Million in Series A

by Kay Aloha Villamor in September 25th, 2023

Continuum Industries, an Edinburgh, UK-based AI infrastructure planning company, has raised $10 million in Series A funding.

SaaS Investors

The round was led by Singular. 

Singular is a venture capital firm backing ambitious European entrepreneurs. The firm prefers to invest in seed-stage, early-stage, and later-stage companies based in the European region. Founded in 2019, it is based in Paris, France.

Continuum Industries Use of Funds

The company plans to use the funding to expand its team and continue supporting customers in multiple countries.

About Continuum Industries

Founded in 2018, Continuum Industries has created an AI-powered network and linear infrastructure development platform called Optioneer. It uses AI to help power, utility, and renewables companies optimize routing options for power lines, cables, and pipelines. Continuum Industries supports customers in the UK, the Netherlands, Spain, Italy, and the USA, including National Grid, SSEN Transmission, National Gas Transmission, Fred. Olsen Seawind, and Iberdrola Group, with the assessment of thousands of kilometers of assets across large-scale projects. 

Funding Details

Company: Continuum Industries Ltd.

Raised: $10.0M

Round: Series A

Funding Month: September 2023

Lead Investors: Singular

Additional Investors:

Company Website: 

Software Category: Geographic Information System (GIS) Software




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