London-Based Oriole Networks Raises €11.6M in Seed Funding for AI Optimization Tech
By James Dargan · · 1 min read
Oriole Networks, a London-based innovator in AI optimization, has secured €11.6M in Seed funding, backed by UCL Technology Fund, Clean Growth Fund, XTX Ventures, Dorilton Ventures, and the Innovate UK Investor Partnership.
The company is revolutionizing data center efficiency for SaaS and AI platforms, tackling high energy consumption and slow processing speeds. CEO James Regan announced their use of light technology has achieved up to 100 times faster processing and 40 times lower energy use.
The startup, founded by UCL affiliates and industry experts in 2023, aims to expedite AI and ML processes with significantly reduced power requirements, addressing data movement bottlenecks in data centers. This funding positions Oriole Networks to pioneer sustainable, high-performance solutions for global data challenges.
Featured image: Credit: Oriole Networks
