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Utilidata Raises $26.75 Million To Accelerate The Clean Energy Transition

Feb 08, 2022over 3 years ago

Amount Raised

$26.8 Million

Providence

Description

Utilidata, an industry leading grid-edge software company, announced today that it has secured $26.75 million in new capital. The round was led by Louis Bacon's Moore Strategic Ventures (MSV), with participation from the Microsoft Climate Innovation Fund and NVIDIA, as well as existing investors Keyframe Capital, Braemar Energy Ventures, and MUUS Asset Management.

Company Information

Company

Utilidata

Location

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. For more information, visit utilidata.com or follow @Utilidata on Twitter. SOURCE Utilidata, Inc.

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