Utility Global

Utility Global is a climate tech company in Houston, United States, founded in 2018. It has raised $153.0M across 2 rounds, most recently a $100.0M Series D in February 2026.

Achieve True Economic Industrial Decarbonization

Headquarters
Houston, Texas
Employees
51–200
Founded
2018
Business Model
B2B
Total Funding
$153.0M
Last Round
$100.0M Series DFeb 2026
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 2 investors for this company. The full record is or through the API.

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

It lists 51–200 employees. It has raised $153.0M in total across 2 rounds, most recently a $100.0M Series D round in Feb 2026. Investors include Ara Partners and APG Asset Management.

Funding History

Data from Indexed.vcUpdated
Series DSeries D (First Close)Feb 2026
$100.0M

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Funding: Series C through Series D. Amounts, valuations, and investors where available.

Investors

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