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Renown Capital Partners led a $60m Series C round in Utilidata.

Synopsis

Renown Capital Partners, an investment firm focused on growth-stage technology companies helping to secure an efficient, affordable, and reliable energy system, led a $60m Series C round in Utilidata, an AI technology firm, with participation from Quanta, NVIDIA and Keyframe Capital. “With this round of financing, Utilidata is positioned to deliver a major breakthrough in how the world manages power across the entire energy ecosystem.By bringing artificial intelligence to the edge of the grid, Utilidata’s Karman platform will help deliver unprecedented efficiency, resilience, and security to energy infrastructure across the world,” James McIntyre, Renown Capital Partner, CIO& Managing Partner.

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MergerLinks - Renown Capital Partners led a $60m Series C round in Utilidata.