:

GIGATON LANDS $26M TO AUTOMATE HEAVY INDUSTRY

AI DESK1 MIN READ
WED, JUN 3, 2026

■ AI-SUMMARIZED FROM 5 SOURCES ▸ TIMELINE

London-based Gigaton has raised $26 million in Series A funding to deploy AI systems that automate control operations across cement, steel, glass, and chemicals plants.

Gigaton, formerly known as Carbon Re, targets one of industry's most energy-intensive sectors. The startup develops AI software to optimize and automate industrial control systems, addressing efficiency challenges in heavy manufacturing. The Series A round positions Gigaton to expand its platform across multiple industrial verticals. Heavy industry accounts for roughly 30% of global energy-related CO2 emissions, making automation in these sectors significant for both operational efficiency and sustainability goals. The funding reflects growing investor interest in AI applications for industrial automation. Unlike consumer-facing AI tools, industrial control systems require robust reliability and deep domain expertise—areas where startups like Gigaton are attracting capital. Gigaton joins a wave of enterprise AI funding. Recent raises include Airspeed ($20M Series A for AI-powered sales software) and Apoha ($36M for molecular measurement technology), signaling broad conviction that AI can reshape legacy business operations across sectors.

■ SOURCES

TechmemeTechmemeTechmemeTechmemeTechmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

■ MORE FROM THE STARTUPS DESK

PaXini Tech, a robotics firm backed by Chinese EV giant BYD, is considering a Hong Kong initial public offering. The move reflects growing investor appetite in the advanced robotics sector.

5H AGOAI Desk

Board, a new gaming startup from Mirror founder Brynn Putnam, has closed a $20M Series A round led by Union Square Ventures. The company has already sold thousands of units.

5H AGOAI Desk

Social event planning app Partiful is launching an in-app ticketing feature, marking its first major step toward generating revenue. The move lets users sell tickets directly through the platform.

11H AGOIndustry Desk

Board, a New York startup that makes a 24-inch touchscreen device merging board games with video game interactivity, has closed a $20M Series A funding round. The company reports it has already sold tens of thousands of units.

15H AGOAI Desk

■ SUBSCRIBE TO THE DAILY BRIEF

ONE EMAIL, 5 STORIES, 06:00 UTC. UNSUBSCRIBE ANYTIME.