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
- 24 Jun 2026
PartlyPartly lands £40m Series B led by DST Global Partners for its AI foundation model for the automotive repair supply chain
Series BSupply Chain - 3 Jun 2026
Wordsmith AIWordsmith raises £55m Series B from Highland Europe and Index Ventures to bring end-to-end operations platform to in-house legal teams
Series BLegal - 28 May 2026
Orbital IndustriesOrbital Industries lands £37m Series B led by Plural to build data centre hardware with AI model
Series BAI
