UtiliData

UtiliData

Utilidata®, Inc. is an industry leading energy technology company that is digitizing the grid-edge to unleash the full potential of clean energy. Learn more
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DateInvestorsAmountRound
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N/A

Early VC
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$20.0m

Series B
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$8.3m

Series C
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$26.8m

Late VC
Total FundingAUD85.0m

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Utilidata is a pioneering energy software company focused on digitizing the grid edge to unlock the full potential of clean energy. The company operates in the energy sector, specifically targeting utilities and energy providers. Utilidata's core product is a software-defined smart grid chip developed in collaboration with NVIDIA, which leverages real-time data and machine learning to optimize energy distribution and management. This technology enables utilities to manage distributed energy resources more efficiently, thereby accelerating the commercialization of clean energy solutions.

Utilidata's business model revolves around providing software solutions that enhance the operational efficiency of the energy grid. The company generates revenue through software licensing, partnerships, and service agreements with utility companies and energy providers. By offering data-driven insights and advanced grid management capabilities, Utilidata helps its clients reduce operational costs, improve energy reliability, and support the integration of renewable energy sources.

The market Utilidata operates in is rapidly evolving, driven by the increasing demand for clean energy and the need for modernized grid infrastructure. The company's innovative solutions position it as a key player in the transition towards a more sustainable and resilient energy grid.

Keywords: energy software, grid edge, clean energy, machine learning, real-time data, smart grid chip, utilities, energy providers, renewable energy, grid management.

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