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Utilidata Secures $60 Million to Bring Edge AI to Energy Infrastructure

By running AI locally, utilities can unlock unused grid capacity, improve reliability, and cut carbon emissions all without major hardware overhauls
Nvidia-backed Utilidata, a pioneer in edge AI for energy infrastructure, has raised $60.3 million in Series C funding to scale its AI platform, Karman, across the power grid. The round was led by Renown Capital Partners, with participation from NVIDIA, Quanta Services, and existing investor Keyframe Capital. Citigroup acted as sole placement agent on the deal. The new investment comes at a critical moment for the energy sector. With global power demand surging and driven in part by the explosive growth of data centers grid operators are under mounting pressure to boost capacity, efficiency, and resilience. Utilidata’s answer is Karman, a distributed AI platform developed in partnership with NVIDIA over the last four years. As Josh Brumberger, CEO of Utilidata stated, "Electricity h
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Upasana Banerjee
Upasana is a Content Strategist with AIM Research. Prior to her role at AIM, she worked as a journalist and social media editor, and holds a strong interest for global politics and international relations. Reach out to her at: upasana.banerjee@analyticsindiamag.com
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