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Utilidata Raises $40M in Series C Extension Funding led by Renown Capital Partners, reaching a total of $100M to enhance commercialization with hyperscalers and data centers.
Amount Raised
$40 Million
Round Type
Series C
ProvidenceInformation TechnologyEnergySoftwareInvestors
Description
Utilidata, an Ann Arbor, MI-based company specializing in embedded AI for power infrastructure, has raised an additional $40M in Series C extension funding. The round was led by existing investor Renown Capital Partners with participation from Keyframe Capital. This extension increases their Series C total to $100M. The funds will be used to scale commercialization in the hyperscaler and data center market.
Fundz sees it the moment Utilidata raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Utilidata raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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