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
8/8/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
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
Industry
Clean Tech
Mailing Address
15330 Park Row
Houston, TX 77084
USA
Houston, TX 77084
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Claus Nussgruber
Chief Operating Officer
Nigel McMullen
Chief Technical Officer
Matthew Dawson
VP - Engineering
Jamal Ferguson
Browse more venture capital transactions:
Prev: 8/8/2022: Apotekamo venture capital transaction
Next: 8/8/2022: Epigenic Therapeutics venture capital transaction
Share this article
About Our VC Transactions Data
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 VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs