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Gigaton

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Self-learning AI process control for energy-intensive industry

London, United KingdomFounded 2020AI
Valuation $100–250M Last recorded · 2026
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Gigaton and the history behind them.

About Gigaton

Gigaton (formerly Carbon Re) is a London industrial AI company building self-learning process-control software for energy-intensive plants in cement, steel, glass and chemicals—sectors that account for roughly 20% of global greenhouse-gas emissions. Spun out of the University of Cambridge and UCL and rebranded from Carbon Re in May 2026, Gigaton’s platform sits inside existing plant infrastructure, using simulations and predictive models to evaluate decisions before adjusting actuators such as fuel mix, kiln speed and oxygen levels, while explaining actions to operators and retraining on live plant data. CEO Josh Vernon leads the team after earlier seed rounds as Carbon Re (including a £4.2M seed led by Planet A Ventures). In June 2026 Gigaton raised a $26 million Series A led by Plural, with 2150, Semapa Next and returning Planet A Ventures, Cambridge Enterprise Ventures, UCL Technology Fund (AlbionVC/UCL Business) and Clean Growth Fund, bringing total funding to more than $35 million to scale autonomous industrial control. CAUTION: OOW launch ~2020 with clear 2026 Series A. Sources: Tech.eu 3 Jun 2026; Cambridge Enterprise; gigaton.co rebrand May 2026.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
London, United Kingdom
Employees
38
Open positions
5
Dealroom signal
92.8/100
Industry
Real Estate
Sub-industry
Construction
Sector
AI, Steel, Core AI, Spinout, Sustainable Development Goals, Urban Tech, Construction Tech, Advanced Materials, Sustainable Cement
Technology
Artificial Intelligence, Deep Tech
Business model
SaaS
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jun 2026 $26M $104M Planet A Ventures · Clean Growth Fund · Plural · Semapa Next ↗
SERIES A✓Equity / VC Oct 2025 $14M $55M Undisclosed ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Gigaton website traffic

Latest recorded traffic for Gigaton is 980 monthly website visits, down 72% over the last three months. Gigaton's team grew 22.6% over the past year.

Latest monthly visits980 3-month web change-72% 1-year team growth+22.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

  • AlbionVC
  • UCL Technology Fund
  • Clean Growth Fund
  • Cambridge Enterprise
  • Blue Impact Ventures
  • University of Cambridge
  • Planet A Ventures

Series A4 investors entered at this stage

  • Plural
  • Semapa Next
  • Cambridge Enterprise Ventures
  • 2150

Other known investors3 additional known investors

  • University College London
  • Parkwalk Advisors
  • University of Bristol Enterprise Fund
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇬🇧 United Kingdom100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Gigaton on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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