Utilidata

Summary active Updated May 31, 2026

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Location Ann Arbor, MI
Latest Stage Series C
Total Raised $100M+
Website https://utilidata.com/
Sector
energy ai power-grid ai-infrastructure data-centers climate-tech enterprise-software

About

Utilidata is an Ann Arbor, Michigan-based energy-AI infrastructure company whose power-orchestration platform Karman — developed in partnership with NVIDIA — unlocks stranded grid capacity with real-time visibility and control of power utilization, enabling more data-center compute to be deployed against existing grid resources 123. The $40M Series C extension announced May 28, 2026 was led by existing investor Renown Capital Partners with participation from Keyframe Capital and completes Utilidata’s $100M Series C, which began with a $60.3M first close in April 2025 led by Renown with Keyframe, Quanta Services, and NVIDIA participating 123.

Funding History

Date Round Amount Lead Co-investors
2026-05-28 Series C extension $40M Renown Capital Partners Keyframe Capital 123
2025-04 Series C (initial close) $60.3M Renown Capital Partners Keyframe Capital, Quanta Services, NVIDIA 13

What Investors Say

“The AI infrastructure buildout is one of the defining themes of this decade, but power is a fundamental limitation.”

— James McIntyre, Renown Capital Partners 1

What Founders Say

No independently sourced founder quotes found at this time.

Sources

  1. GlobeNewsWire, “Utilidata Raises $40 Million Extension, Completing $100M Series C to Maximize AI Compute Capacity,” May 28, 2026. Accessed May 2026. https://www.globenewswire.com/news-release/2026/05/28/3302882/0/en/utilidata-raises-40-million-extension-completing-100m-series-c-to-maximize-ai-compute-capacity.html↩↩↩↩↩

  2. SiliconANGLE, “Utilidata raises $40M more to optimize data center power use,” May 28, 2026. Accessed May 2026. https://siliconangle.com/2026/05/28/utilidata-raises-another-40m-optimize-data-center-power-use/↩↩↩

  3. Data Center Dynamics, “Utilidata raises an additional $40m in Series C funding,” May 2026. Accessed May 2026. https://www.datacenterdynamics.com/en/news/utilidata-raises-an-additional-40m-in-series-c-funding/↩↩↩↩