Aramco Ventures led a $21.7m Series B round in Andium.

Aramco Ventures, the corporate venture arm of one of the world's largest integrated energy and chemicals companies, led a $21.7m Series B round in Andium, an expert in Industrial Internet of Things remote-field monitoring and communications technologies, with participation from Climate Investment, Intrepid Financial Partners and Thomas Miglis. "This investment is a powerful endorsement of our platform, which will be pivotal as we enter our next stage of growth. Our end-to-end Operating System, which monitors and provides real-time, verifiable emissions data from remote locations, has already proven to lower operational costs, cut emissions, and improve safety—helping energy, mining and waste companies meet their net-zero and zero-harm goals," Jory Schwach, Andium Founder and CEO.