Fly Ventures
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Investment Portfolio
Orbital Industries lands £37m Series B led by Plural to build data centre hardware with AI model
Orbital Industries develops industrial hardware and infrastructure for AI data centres. The business designs cooling systems, modular infrastructure and simulation technology to help operators deploy high-density compute faster and manage rising GPU heat and power demands.
xmemory emerges from stealth with £3m pre-seed led by Fly Ventures to bring new memory layer to AI workflows
xmemory is a developer of a memory layer for AI workflows. It structures, cleans, and organises data to improve reliability and governance in AI systems for business and technical users.
Zendo lands £1.75m pre-seed led by Fly Ventures to decarbonise data centre power with AI
Zendo Energy develops AI software for data centres that predicts computing demand and energy usage, helping operators manage volatile power markets, integrate renewables and reduce both energy costs and carbon emissions as AI workloads grow.
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More venture news
- 3 Aug 2026
OlixOLIX unlocks £240m Series B led by Fundomo to develop specialised AI inference chips for each stage of token production
Series BDeep Tech - 5 Aug 2026
MironidMironid raises a £34m Series B including £8.4m from Scottish National Investment Bank to advance small molecule treatments for kidney diseases
Series BLife Sciences - 29 Jul 2026
GreyparrotGreyparrot raises £20m Series B from angels for AI camera systems that read waste on recycling belts
Series BClimate