Utility Global

Houston, TX · Founded 2018 · Privately Held (backing)

Developer of clean energy generation systems designed to reduce emissions, produce hydrogen, and improve productivity. Utility Global is based in Houston, TX and was founded in 2018. It was valued at $404 million at its later-stage round in Feb 2026, the last priced event on record. It has raised $183 million across 4 recorded rounds; the latest was a $100 million later-stage round in Feb 2026.

PMV mark · valuation
$403.6M
Oct 2026
Priced at
its later-stage round
Feb 2026
Total raised
$183.0M
Last round
Later Stage VC
Feb 2026

Utility Global key facts

as of Oct 2026
  • Developer of clean energy generation systems designed to reduce emissions, produce hydrogen, and improve productivity.
  • Utility Global is valued at approximately $403.6M as of Oct 2026, set at its later-stage round, Feb 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $183.0M across 4 recorded rounds; the latest was Later Stage VC ($100.0M) in Feb 2026.
  • Notable investors include Plug and Play Tech Center, Samsung NEXT Ventures, Samsung Venture Investment, Aramco Ventures, APG Group — 12 tracked in total.
  • Utility Global has filed 4 Form Ds with the SEC since 2021, most recently May 2026 ($100.0M sold to 1 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$403.6M

Valued at $403.6M at its later-stage round, Feb 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Utility Global funding rounds

4 rounds
Feb 2026Later Stage VC$100.0MSEC filing▮
May 2024Early Stage VC$48.3MSEC filing▮
Apr 2022Early Stage VC$18.1MSEC filing▮
Feb 2021Seed Round$3.0MSEC filing▮

Utility Global valuation

Utility Global was valued at $404 million at its later-stage round in Feb 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Utility Global raised?

Utility Global has raised $183 million across 4 recorded rounds since 2021. The largest was a $100 million later-stage round in Feb 2026.

Utility Global has filed 4 Form Ds with the SEC since 2021, most recently in May 2026 ($100 million sold to 1 investor).

Utility Global investors

12 investors are on record for Utility Global, including Plug and Play Tech Center, Samsung NEXT Ventures, Samsung Venture Investment and Aramco Ventures. The later-stage round in Feb 2026 drew 1 investor.

About Utility Global

Developer of clean energy generation systems designed to reduce emissions, produce hydrogen, and improve productivity. The company offers fuel cell technology centered around an oxide-ion chip, which leverages the growth in manufacturing, sensing, control, and nanotechnology and delivers technology systems that overcome legacy sustainability challenges through an innovation engine and rapid commercialization method, enabling the steel industry to store and transform energy and improve operational efficiency.

Sector
Energy
HQ
Houston, TX, United States
Founded
2018
Employees
92
Ownership
Privately Held (backing)

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