Intelligent Core, a UK-based industrial AI company developing real-time, autonomous systems for sectors including energy, oil and gas, and manufacturing, has secured £2m in fresh investment led by Fuel Ventures. Plug and Play Tech Center and Helion Partners also participated.
The raise, announced today, follows a £500k round earlier in the year, also led by Fuel Ventures, which the company said helped drive rapid commercial growth.
Founded and led by Chief Executive Tom Greenlees, Intelligent Core builds a modular AI platform designed to give heavy-industry operators live operational visibility, predictive analytics, and automated decision-making across equipment, sensors, and remote field environments. The system can run in the cloud, on-premises, or at the edge, with the company positioning itself as the only provider currently able to deliver sub-surface infrastructure monitoring using patented sensor hardware.
Industrial operators facing higher costs, mounting sustainability obligations, and increasingly complex networks have become a key target market. Intelligent Core says its technology can reduce operational costs by up to 80% by enabling failures to be predicted in milliseconds, improving optimisation, and cutting emissions through automation.
The new capital will be used to expand headcount, accelerate product development across both software and hardware, and support large-scale deployments in global markets.
“Industrial organisations are under pressure to run more efficiently, safely, and sustainably, yet many remain constrained by ageing systems that cannot keep up,” said Greenlees. “Data is often the biggest roadblock to meaningful AI deployment. That is why we developed proprietary hardware to capture the critical information ourselves, and to deliver intelligence rapidly to even the most remote operations.”
Mark Pearson, Founder of Fuel Ventures, said the fund had been encouraged by the pace at which Intelligent Core was reshaping industrial operations. “We are strong believers in the power of AI, and Intelligent Core is a clear example of real-world AI deployment at scale,” he said. “The team is solving challenges that have held major industries back for decades, and their technology has the potential to redefine how critical infrastructure runs.”
Fuel Ventures, founded in 2014, has deployed more than £246m into over 210 UK technology companies, and was an early investor in firms such as Volt and ContentCal.
Intelligent Core aims to use its expanded financial backing to accelerate the modernisation of legacy industrial infrastructure and to position its platform as a backbone for autonomous industrial decision-making worldwide.