Web Analytics

3 Latest Announced Rounds

  • $60,300,000
    Series C

    2 Investors

    Utilities
    Apr 30th, 2025
  • $20,000,000
    Series B

    5 Investors

    Aviation and Aerospace Component Manufacturing
    Apr 30th, 2025
  • $46,000,000
    Unknown

    2 Investors

    Semiconductor Manufacturing
    Apr 30th, 2025
$1,528.10M Raised in 62 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Utilidata

start up
United States - Ann Arbor, Michigan
  • 30/04/2025
  • Series C
  • $60,300,000

Utilidata is an AI-powered technology company that is working with NVIDIA to create the next generation of AI-embedded infrastructure, starting with the electric grid. Karman, our distributed AI platform, operates on our custom NVIDIA module, makes data available for accelerated computing at the edge, and trains AI models locally.

Karman is embedded in grid devices - starting with smart meters - to transform the way utility companies operate. As the electric grid becomes more complex with the rapid increase of electric vehicles, distributed solar, batteries, heat pumps and extreme weather, utilities need real-time visibility of grid conditions and dynamic, software-defined infrastructure. Karman provides real-time visibility and AI at the grid edge so utilities can better utilize customer energy resources, reduce power outages, and enable quicker storm recovery.

We are a mission-driven, collaborative, and adaptive team working to do what’s right, even when it’s hard. With backgrounds in electric engineering, power systems engineering, software engineering, data science, and energy policy, we bring a unique perspective on the solutions the energy industry needs.

We are committed to ensuring a diverse, inclusive, and flexible workplace where employees are provided mentorship and growth opportunities and are empowered to solve problems as part of a collaborative team.


Related People

Josh BrumbergerFounder

Josh Brumberger United States - East Greenwich, Rhode Island

Josh Brumberger, Chief Executive Officer of Utilidata, has a proven track-record of success spanning the public and private sectors. He has deep experience navigating the accelerating convergence between technology and public policy and delivering results that meet the needs of various stakeholders. Since 2014, Josh has held leadership roles with Utilidata, overseeing the company’s growth and building partnerships with leading utilities and industry partners.

Josh’s background includes strategic roles at Fortress Investment Group, on national political campaigns, and in the Office of the Rhode Island General Treasurer. As former Deputy Treasurer in Rhode Island, Josh worked closely with public and private partners to design and successfully implement economic development and sustainable investment opportunities for the state, and advance new revenue sources for infrastructure improvements.

Josh is a graduate of Northeastern University, and lives with his wife, three kids and dog outside Providence, RI.