Utility Global
Series C in 2024
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Corrosion RADAR
Series B in 2024
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.
Grand perspective
Series A in 2022
Grandperspective GmbH, founded in 2018 and based in Berlin, Germany, specializes in manufacturing gas detection systems tailored for the petrochemical sector, gas loading stations, chemical parks, and pipeline monitoring. The company develops an advanced early warning system capable of covering extensive industrial areas, effectively visualizing and locating hazardous gas clouds. Utilizing optical sensor technology, Grandperspective's systems detect a broad spectrum of chemicals from a distance and provide real-time alerts for gas leaks and fugitive emissions. By combining innovative sensors with sophisticated software, the company enables clients to monitor production sites, storage facilities, and transportation areas, ensuring the protection of infrastructure and facilitating cost-effective emission monitoring.
Utility Global
Venture Round in 2021
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Corrosion RADAR
Series A in 2021
CorrosionRADAR Ltd is a company specializing in corrosion monitoring systems through innovative sensor technology aimed at detecting and predicting hidden corrosion. Founded in 2017 and headquartered in Cambridge, United Kingdom, with a research facility in Bedfordshire, the company serves a diverse range of industries, including oil and gas, power and utilities, industrial manufacturing, and civil infrastructure. Its advanced technologies utilize distributed sensing and analytics to offer predictive corrosion management, enabling clients to effectively monitor corrosion and moisture levels, particularly in challenging environments. By providing insights into corrosion severity and location, CorrosionRADAR supports safe, reliable, and cost-effective maintenance and inspection practices across various sectors, including offshore and onshore energy operations, chemical plants, and infrastructure projects.