Utility Global

Achieve True Economic Industrial Decarbonization

Houston, United States · Founded 2018 · $100.0M raised

Headquarters
Houston, Texas
Employees
51–200
Founded
2018
Business Model
B2B
Total Funding
$100.0M
Last Round
$100.0M Series DFeb 2026
Rounds
1

About

Utility Global is an industrial decarbonization company that has developed H2Gen®, a proprietary technology that converts water into pure hydrogen by leveraging residual electrochemical energy in industrial off-gases and biogenic gases — enabling water electrolysis without electricity. The company targets hard-to-abate sectors including steel, refining, petrochemicals, low-carbon fuels, and upstream oil and gas, integrating H2Gen® into existing industrial infrastructure without requiring asset replacement. H2Gen® is modular and scalable, and simultaneously concentrates carbon dioxide from off-gases as a separate product stream, providing a dual-output decarbonization pathway. Founded in 2018 and headquartered in Houston, Texas, Utility Global is backed by leading investors including Ara Partners and APG Asset Management, and has been recognized on TIME's World's Top GreenTech Companies list for two consecutive years.

Summary

Utility Global is a Climate Tech company based in Houston, United States, founded in 2018. It has raised $100.0M in total across 1 round, most recently a $100.0M Series D round in Feb 2026. Investors include Ara Partners and APG Asset Management.

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Funding History

Series DSeries D (First Close)Feb 2026
$100.0M

Investors

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