Angara Global

About Angara Global

Headquartered in London, Angara Global was established in 2015 by a group of scientists and entrepreneurs, including Val Krivenko, Ilya Rodin, and Peter Petrov, with a vision to mitigate industrial impact on the planet. The company operates in the climate technology sector, providing an AI-driven predictive maintenance platform to enhance operational efficiency and reduce emissions for heavy industries.

The core of Angara Global's offering is its proprietary DecarbonX platform, which combines artificial intelligence with smart chemistry. This system is designed to proactively manage fouling—the accumulation of unwanted materials—on heat transfer equipment, a persistent issue that leads to significant energy waste and excess carbon emissions. By using advanced analytics for early issue detection and chemical-based fouling elimination, DecarbonX provides actionable insights to optimize asset performance. This approach enhances energy efficiency, boosts production yields, and reduces costly downtime without requiring clients to make capital expenditures on new equipment. The DecarbonX program was officially launched in March 2022 and has since seen accelerating adoption by clients and partners.

Angara Global functions as a technology provider, engaging with service providers and other partners to deliver its solutions to clients. One of its business models is a performance-based "Cleanliness-as-a-Service," where Angara covers the cleaning costs, and both parties share the resulting economic and environmental benefits. This model aligns the company's success directly with the savings and efficiencies achieved by its clients. The company serves a range of energy-intensive sectors, including refining, chemicals, petrochemicals, fertilizers, biofuels, and water treatment. Notable clients and pilot partners include industry majors like ExxonMobil, TotalEnergies, ARAMCO, and Neste.

Since its first commercial pilots in 2017, the company has continued to develop its technology, which holds 42 patents for its Cognitive Cleaning and Fouling Fracturing solutions. The technology's maturity has been assessed by DNV, an independent risk management company, which assigned it a Technology Readiness Level (TRL) of 8+, indicating it is near or at the point of commercial deployment. The firm has raised approximately $14.3 million in funding and is backed by 21 investors. Petra Koselka, who brings over 30 years of international business experience, including extensive time at Shell, was appointed CEO in April 2022 to lead the company through its rapid growth phase.