Utility Funding owns and manages smart electricity, gas and water meters used by energy suppliers and consumers in the UK.
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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Mar 7, 2013 | Series Unknown | £7.50M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Foresight Group | — | Series Unknown |