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Utilidata Raises $40M in Series C Extension Funding led by Renown Capital Partners, reaching a total of $100M to enhance commercialization with hyperscalers and data centers.
PRIVATEMay 28, 2026•about 2 months ago
Amount Raised
$40 Million
Round Type
Series C
ProvidenceInformation TechnologyEnergySoftware
Investors
Keyframe CapitalRenown Capital Partners
Description
Utilidata, an Ann Arbor, MI-based company specializing in embedded AI for power infrastructure, has raised an additional $40M in Series C extension funding. The round was led by existing investor Renown Capital Partners with participation from Keyframe Capital. This extension increases their Series C total to $100M. The funds will be used to scale commercialization in the hyperscaler and data center market.
Company Information
Company
Utilidata
Location
225 DYER STREET
Providence, Rhode Island, United States
About
Utilidata is a leading energy technology company that is digitizing the grid edge to unleash the full potential of clean energy. The company's patented real-time machine learning software leverages data from every point on the distribution grid to enhance visibility, optimize operations, detect anomalies, and integrate distributed energy resources.
ProvidenceInformation TechnologyEnergySoftware