The round was led by Aramco Ventures, the corporate venture arm of one of the world's largest integrated energy and chemicals companies. Joining the round are existing investors Climate Investment, Intrepid Financial Partners, and prominent individual investors including former Citadel CIO, Thomas Miglis. Following the company's $15M Series A in 2021, this investment brings the company's total funding to over $40 million.

Andium is on a mission to create a more sustainable future. To achieve this, the company has developed an end-to-end Industrial Internet of Things platform to arm the most consequential markets with the tools they need to reduce emissions, improve safety, and boost operational efficiency. By providing real-time, verifiable emissions data and comprehensive environmental, social, and governance (ESG) monitoring, Andium enables companies to make data-driven decisions that drive meaningful change. From energy and mining to waste management, Andium is at the forefront of the sustainability revolution, elevating critical voices and building a better world for generations to come.