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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 Venture round Total: $6.65M Energy, Logistics +2

General Information

Company Name Utonomy Ltd
Founded Year 2015
Location United Kingdom Southampton, United Kingdom
Employees 33
Industries Energy, Logistics, Sustainability +1
Funding Stage Venture round
Social

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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.

Business keywords: 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 £5.00M 1
West Hill Capital
West Hill Capital
01 Oct 2022
Seed Round £75.00K 1
Enterprise M3 Growth Fund
08 Jan 2019
Grant €71.43K 1
EASME - EU Executive Agency for SMEs
01 Jan 2019
Seed Round £500.00K 1
Foresight Group
Foresight Group
01 Sep 2017
Seed Round £1.00M -
31 Mar 2017
Seed Round Undisclosed 2
The FSE Group Midven
The FSE Group, Midven
12 Jan 2017

Utonomy Ltd Alternatives & Competitors

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Utonomy Ltd vs
Onboard Dynamics
Onboard Dynamics United States

Unique, patented natural gas compression technology for driving down emissions.

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Utonomy Ltd vs
atmio
atmio Germany

The all-in-one solution for natural gas companies to comply with the EU methane regulation

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Utonomy Ltd vs
Kairos Aerospace
Kairos Aerospace

Unmasking methane leaks with unparalleled aerial technology and data analytics to enhance operationa...

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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 Energy, Logistics, Sustainability and Oil and Gas. Its work centres on Gas network optimization, Decarbonisation technology, Digitalization of gas networks and Pressure management technology.
Utonomy Ltd has approximately 33 employees.
Utonomy Ltd has completed 6 funding rounds, raising a total of $6.65M. The latest funding stage is Venture round.
Top alternatives and competitors to Utonomy Ltd include Onboard Dynamics, atmio, Kairos Aerospace, Power-to-Gas Hungary, Bridger Photonics, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Utonomy Ltd and Onboard Dynamics 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.

Source: BounceWatch company record for Utonomy Ltd, https://bouncewatch.com/company/utonomy, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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