Applied Computing raises $20M with KBR leading energy-AI investment
Databricks Ventures also participated as Applied Computing expanded its commercial relationship with KBR and prepared wider Orbital deployments.
The financing accompanies a multi-year agreement with KBR to develop exclusive AI products for the energy sector. That commercial relationship gives Applied Computing a route to bring Orbital into more energy and industrial operations alongside its investor’s engineering and technology services.
The company plans to expand internationally, develop its Houston presence and add research and engineering staff. The July report identifies a $20 million round; KBR had separately announced its strategic investment earlier in 2026, so the relationship predates this funding coverage.