Utility Global

Utility Global

Private
Houston, TexasEnergy & Sustainabilityhttps://www.utilityglobal.com

Last Round

Series D

Feb 17, 2026

Total Funding Raised

$30M

Company Overview

Utility Global is a clean energy company that specializes in developing innovative systems for hydrogen production and emissions reduction, utilizing advanced fuel cell technology to enhance productivity and operational efficiency in the steel industry.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Clean Manufacturing, Carbon Capture, Waste Management

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

low-carbon hydrogenon-site hydrogen generationwaste-to-hydrogenindustrial decarbonizationclean hydrogenwaste gas conversionhigh-purity hydrogenelectrochemical reactordecentralized hydrogen productionsyngas productionammonia to hydrogenammonia crackinghydrogen mobilityfuel cell hydrogenhard-to-abate industrieselectricity-free hydrogen

Historical Pricing

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Caplight Momentum Score

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Utility Global Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Utility Global Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series DFeb 17, 2026
Series CSep 25, 2024
Series BAug 8, 2022
Series AJul 1, 2020

Key People

Founding team and executive leadership

Parker Meeks

Chief Executive Officer

Executive Team

Greg Heinlein

Chief Financial Officer

Executive Team

Nigel McMullen

Chief Operating Officer Acting CTO (7 23-3 24)

Executive Team

Utility Global Investors

Notable investors and investment history

InvestorRounds
NOVA by Saint-GobainSeries B
APG Asset ManagementSeries D
Aramco VenturesSeries B, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 17, 2026

    $100M round completed.

  • Dec 12, 2025

    Combines proprietary cell technology with Kyocera's advanced materials and manufacturing.

Utility Global Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Utility Global Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersHouston, Texas
Employee Range92
Year Founded2018
Last FundingFeb 17, 2026

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