Tech Company Financing Transactions

Utility Global Funding Round

Ara Partners, Nova Partners and Samsung Ventures participated in a $25 million Series B venture round for Utility Global. This VC investment round was announced by the company on 8/8/2022.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
The company intends to use the funds for final product and systems development, expansion of manufacturing capability, and new strategic hires focused on rapid market development.

Company Information

Company Status
Private & Independent
Clean Tech
Mailing Address
15330 Park Row
Houston, TX 77084
Email Address
Utility Global was created to bring forth sustainable energy solutions, enabling the energy transition to a low carbon world. It's our passion, our drive and why we exist. Our team of experts combines world leading expertise and though leadership with many decades of industry experience. Leveraging our proprietary technologies, Utility Global is unlocking beyond net zero hydrogen production as the affordable energy of the future.
Utility Global LinkedIn Company Profile
Social Media
Utility Global Company Twitter Account
Company News
Utility Global News
Utility Global on Facebook
Utility Global on YouTube

Management Team

Email & Social
Chief Executive Officer
Claus Nussgruber
  Claus Nussgruber LinkedIn Profile  Claus Nussgruber Twitter Account  Claus Nussgruber News  Claus Nussgruber on Facebook
Chief Operating Officer
Nigel McMullen
  Nigel McMullen LinkedIn Profile  Nigel McMullen Twitter Account  Nigel McMullen News  Nigel McMullen on Facebook
Chief Technical Officer
Matthew Dawson
  Matthew Dawson LinkedIn Profile  Matthew Dawson Twitter Account  Matthew Dawson News  Matthew Dawson on Facebook
VP - Engineering
Jamal Ferguson
  Jamal Ferguson LinkedIn Profile  Jamal Ferguson Twitter Account  Jamal Ferguson News  Jamal Ferguson on Facebook



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We do our best to report on all VC transactions involving tech companies. VC transactions reported here come from a variety of public sources. The information comes to us via our partnership with, an affiliated venture.


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