Featured Article - Series A Round

Oriole Networks raises a further $22m led by Plural to reduce energy consumption of AI data centres

LONDON, October 21, 2024: Oriole Networks - the company using light to train Large Language Models with a fraction of the usual AI energy consumption - has raised an additional $22 million from leading investors to further scale its “super-brain” solution. The round was led by Plural with all existing investors – UCL Technology Fund, XTX Ventures, Clean Growth Fund, and Dorilton Ventures – reinvesting.


Read the full press release here.