Utility Funding

company

About

Utility Funding owns and manages smart electricity, gas and water meters used by energy suppliers and consumers in the UK.

  • 1 - 10

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
£7.50M
Industries
Energy,Energy Efficiency,Oil and Gas,Water
Founded date
Jan 1, 2009
Number Of Employee
1 - 10
Operating Status
Active

Utility Funding Limited is an independent and privately owned UK company which owns and manages advanced smart electricity, gas, and water meters used by energy suppliers and consumers in the UK electricity, gas and water supply industries.

The company is focused on meeting the demands created by the UK Government’s decisions to mandate energy suppliers to install advanced smart electricity and gas meters in all larger industrial and commercial premises by 2014 and to rollout smart metering to the residential sector involving the replacement of some 47 million meters by 2020.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
£7.50M
Utility Funding has raised a total of £7.50M in funding over 2 rounds. Their latest funding was raised on Mar 7, 2013 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 7, 2013 Series Unknown £7.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Utility Funding is funded by 1 investors. Foresight Group are the most recent investors.
Investor Name Lead Investor Funding Round
Foresight Group Series Unknown