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Utonomy
company
About
Utonomy provides smart gas grid technology to increase network efficiency, reduce methane emissions and increase biomethane injection.
- 11 - 50
Highlights
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- £1.50M
- Industries
- Energy,Oil and Gas,Pollution Control,Warehousing
- Founded date
- May 1, 2015
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Utonomy has developed innovative technology to automatically optimise the pressure in gas distribution networks. This is currently done manually and doesn’t take account of large seasonal and daily variations in demand. By enabling the networks to run at lower pressure, Utonomy technology reduces the leakage of methane a potent greenhouse gas. Greater control of the network also enables increased biomethane feed in capacity.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
£2M
Utonomy has raised a total of
£2M
in funding over 2 rounds. Their latest funding was raised on
Jan 8, 2019 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 8, 2019 | Seed | £1.50M | 1 |
Enterprise M3 Growth Fund
|
— | Detail |
| Sep 1, 2017 | Seed | £500K | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Utonomy is funded by 2 investors.
Enterprise M3 Growth Fund
and Foresight Group
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Enterprise M3 Growth Fund
|
Yes | Seed |
Foresight Group
|
— | Seed |
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