Andium

Andium sells the least controversial thing in climate tech: software that pays for itself. Its edge-AI computer-vision platform watches remote oil and gas sites for methane leaks, unlit or abnormal flares, fires, and equipment faults, and it reports emissions cuts of up to 65% per location and operating-cost savings of up to 45% at operators including BP and ConocoPhillips — numbers framed as waste reduction, not carbon virtue, which is exactly the framing that survives a political cycle hostile to climate mandates. Methane is the highest-leverage near-term greenhouse gas, and the regulatory and reputational pressure to plug intermittent leaks that satellites and manual surveys miss is structural: continuous, on-site monitoring is the only method that catches a flare that goes dark at 2am. The 2024 $21.7M Series B led by Aramco Ventures — after a 2021 Series A led by OGCI Climate Investments — is a telling signal, because the buyers of Andium's product are also its investors, which shortens the sales cycle and validates the ROI story from inside the industry. Edge inference over low-bandwidth field links, rather than streaming raw video, is a genuine technical fit for the disconnected sites where the emissions actually happen, and every camera deployed deepens a proprietary dataset of what a fault looks like. In a sector where most companies are pre-revenue and betting on carbon prices that may never arrive, Andium is a deployed, revenue-generating industrial-IoT business with blue-chip references and oil-major money behind it.