Utilidata has secured $60.3 million in Series C funding to scale its distributed AI platform, Karman, with Renown Capital leading the round alongside Quanta Services, Keyframe Capital, and NVIDIA.
Amount Raised
$60.3 Million
Round Type
Series C
ProvidenceInformation TechnologyEnergySoftwareInvestors
Description
Utilidata, a leader in edge AI technology, announced today that it has secured $60.3 million in Series C funding. The round was led by Renown Capital Partners with participation from Quanta Services, Keyframe Capital, and NVIDIA. This funding will enable Utilidata to rapidly scale its distributed AI platform, Karman. Built on a custom NVIDIA module, Karman promises to enhance energy infrastructure globally.
Quick answer
Utilidata raised $60.3 Million in a Series C round, dated April 29, 2025. Investors: Keyframe Capital, Quanta Services, Nvidia and Renown Capital. Utilidata is based in Providence, Rhode Island, United States.
- How much did Utilidata raise?
- Utilidata raised $60.3 Million in a Series C round on April 29, 2025.
- Who invested in Utilidata?
- Keyframe Capital, Quanta Services, Nvidia and Renown Capital are named as investors in this round.
- What does Utilidata do?
- Utilidata is a leading energy technology company that is digitizing the grid edge to unleash the full potential of clean energy.
- Where is Utilidata based and how big is it?
- Utilidata is based in Providence, Rhode Island, United States. Fundz records about 91 employees.
- Who are the decision-makers at Utilidata?
- Fundz holds 1 contact at Utilidata, including the Executive Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Software around the same time
Companies in the same sectors as Utilidata that raised within 45 days of this round, from Fundz verified event records.
- TrueMeter raised $5.5M on June 6, 2025.
- Twindo raised $1.1M (Seed) on June 4, 2025.
- Nira Energy raised an undisclosed amount on May 29, 2025.
- Volteras Technologies raised $11M (Series A) on May 29, 2025.
- Clear Current raised $4M (Seed) on May 27, 2025.
- Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
Who to call at Utilidata, and when
A new round usually means Utilidata is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Utilidata raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Utilidata, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Utilidata. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Utilidata raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Utilidata raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.