Oriole Networks has raised £16.8 million from the London-based venture capital firm Plural, with all existing investors reinvesting. It follows a £10 million initial funding round earlier this year.
Led by Prof George Zervas (top left) of Optical Networked Systems in UCL’s Department of Electrical and Electronic Engineering, the firm is trying to tackle a huge global technological problem – the vast, and ever-increasing, amount of energy used up in data processing in the AI age.
This capital infusion is positioned to propel Oriole Networks’ groundbreaking work at the intersection of artificial intelligence (AI) and energy efficiency.
Links
Director's Summer Reading List 2025
Recommendations for your Summer reading from IGP's Director, Professor Henrietta L. Moore.
23 Jun 2025
Consortium awarded £3m for national project using nature to help cities tackle climate change
The project takes a fresh, collaborative approach to research, developed with input from societal partners and experts – led by Swansea University, co-led by UCL and others
23 Jun 2025
Digital Transformation in ATMP Manufacturing held at UCL East on 16 May
The event convened over 60 invited stakeholders across industry, NHS, academia, and regulation to address key barriers in the scaling of CAR-T and other advanced therapy medicinal products (ATMPs).
20 Jun 2025
