Utonomy
Latest round
- Seed
Last raised
- Jan 2017
Total raised
- $1.2M
Investors
- 2
About Utonomy
Utonomy Ltd.Founded in 2015, Utonomy Ltd. is based in Southampton, UK, and specializes in network monitoring solutions for gas operators.76 million post-money, with a total of 2 deals reported to date.Utonomy specializes in innovative technologies designed to enhance the efficiency and sustainability of gas network operations. Its core offering, UtonomyOne, is an intelligent network monitoring and control system that enables gas operators to optimize pressure management, reduce methane emissions, and maximize biomethane feed-in. This system provides cloud-based software integrated with advanced control hardware, facilitating seamless deployment within existing infrastructure. Utonomy targets gas distribution networks within the United Kingdom and potentially other European markets, catering to utility companies such as SGN and Wales & West Utilities.Utonomy's revenue model is primarily structured around B2B partnerships with gas distribution network operators. The company engages in contracts that involve the deployment of its UtonomyOne pressure control technology, which may include a combination of installation and ongoing service agreements. Transactions are structured as long-term contracts, focusing on performance-based metrics that align with increasing biomethane injection capacity and reducing methane leakage. The pricing framework typically involves upfront costs associated with technology deployment, along with potential recurring fees related to software maintenance and updates. The company is focused on enhancing its UtonomyOne system and aims to introduce new features tailored for the European market by 2020. Additionally, Utonomy is targeting strategic partnerships within other European regions to broaden its customer base beyond the UK and establish a presence in markets such as France and Germany, promoting their technology to facilitate improved gas management solutions.
Who invested in Utonomy
2 investors across 1 round
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Funding rounds
Seed
Jan 13, 2017
Amount
$1.2M
Investors
Questions about Utonomy
Who invested in Utonomy?
Utonomy has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Utonomy raised?
Utonomy has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Utonomy last raise money?
Utonomy's most recent round on record is a Seed, in Jan 2017.
What does Utonomy do?
Utonomy is a oil & gas company.
Where is Utonomy headquartered?
Utonomy is headquartered in Southampton, UK.
Which VCs invest in companies like Utonomy?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back oil & gas companies at Utonomy's stage. Their profiles are linked below.
VCs backing oil & gas startups at Seed
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