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Utonomy Ltd logo — Utonomy‘s retrofittable technologies help gas network operat...

Utonomy Ltd

Utonomy‘s retrofittable technologies help gas network operators achieve their decarbonisation and digitalisation goals

Founded 2015 United Kingdom Southampton, United Kingdom 33 employees Series Unknown Total: $6.65M Energy, Logistics +2

General Information

Company Name Utonomy Ltd
Founded Year 2015
Location United Kingdom Southampton, United Kingdom +1
Employees 33
Industries Energy, Logistics, Sustainability +1
Funding Stage Series Unknown
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About Utonomy Ltd

Utonomy is a UK-based startup focusing on providing retrofittable technologies to assist gas network operators in achieving their decarbonisation and digitalisation objectives. The company, established in 2015, offers innovative technology to automatically optimize the pressure in gas distribution networks. This is a significant departure from the current manual pressure optimization methods, which fail to consider large seasonal and daily variations in demand. By reducing pressure, Utonomy's solution effectively minimizes leakage from the network, ultimately leading to a substantial reduction in methane emissions, an important contributor to greenhouse gas levels. The company's technology not only aids in emissions reduction but also brings down operating costs, offering gas network operators a remarkable ROI of less than two years. Notably, Utonomy attracted a £5.00M Venture Round investment on 01 October 2022, with West Hill Capital participating as the investor. The startup operates within the Energy, Logistics, Sustainability, and Oil and Gas sectors, showcasing its adaptability and potential for growth in various industries.

Taxonomy: Gas network optimization, Decarbonisation technology, Digitalization of gas networks, Pressure management technology, Leakage reduction, Greenhouse gas emissions, Methane reduction, Operating cost reduction, ROI analysis, Energy efficiency technology

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
01 Oct 2022
Seed Round •••••• 1 •••• •••• 08 Jan 2019
Grant •••••• 1 •••• •••• 01 Jan 2019
Seed Round •••••• 1
Investor
01 Sep 2017
Seed Round •••••• - 31 Mar 2017

View All 6 Funding Rounds

Utonomy Ltd Alternatives & Competitors

Utonomy Ltd vs
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Utonomy Ltd vs
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FAQ About Utonomy Ltd

Utonomy‘s retrofittable technologies help gas network operators achieve their decarbonisation and digitalisation goals
Utonomy Ltd was founded in 2015.
Utonomy Ltd is headquartered in Southampton, United Kingdom.
Utonomy Ltd operates in the following industries: Energy, Logistics, Sustainability, Oil and Gas.
Utonomy Ltd has approximately 33 employees.
Utonomy Ltd has completed 6 funding rounds, raising a total of $6.65M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Utonomy Ltd include Gasunie, LaSense Technology Limited, BioSqueeze Inc., Haskel, Firstgas. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Utonomy Ltd and Gasunie are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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