Utilidata Raises $100M Series C

Utilidata, an Ann Arbor, MI-based company that provides dynamic power orchestration software for AI data centers, has raised $100 million in a Series C funding round.

The funding completes a round that focuses on addressing critical infrastructure constraints within the global energy system.

Investors

This round was led by Renown Capital Partners, a growth equity firm focused on the global energy sector, with participation from existing investor Keyframe Capital.

Utilidata Use of Funds

The company intends to use the capital to support the launch and scaling of its Karman platform within the data center market, helping operators unlock stranded compute capacity and optimize power usage.

About Utilidata

Founded in 2019, Utilidata provides an AI-enabled intelligence platform designed to manage power complexity at the edge of the grid. Led by CEO Josh Brumberger, their flagship offering, the Karman platform, co-developed with NVIDIA, provides real-time visibility and control to improve the efficiency and reliability of energy infrastructure.

Funding Details

Company Website: https://utilidata.com

Company: Utilidata, Inc.
Raised: $100M
Round: Series C
Funding Date: May 28, 2026
Lead Investor: Renown Capital Partners
Additional Investors: Keyframe Capital
Software Category: Energy Technology / AI Infrastructure
Source: https://www.globenewswire.com/news-release/2026/05/28/3303268/0/en/renown-capital-partners-leads-utilidata-s-100m-series-c.html