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UtilityInnovation Group
https://utilityinnovation.com/Last activity: 05.09.2026
Active - Reference to UtilityInnovation
Using our unique experience in building state-of-the-art, decentralized energy and microgrid systems, we’re shaping the future of the connected electric grid infrastructure. And, in turn, we’re building the carbon-free grid of tomorrow.
Overview
Location
United States, North Carolina, Raleigh
Employees
51-200
Total raised
$19.8M
Founded date
2020
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 6
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Nov 8, 2024 | Bybit's Strategic Shift: Empowering Institutional Growth with Shunyet Jan | In the fast-paced world of cryptocurrency, change is the only constant. Bybit, the world’s second-largest crypto exchange, is making waves again. The company has expanded Shunyet Jan’s role, promoting him to Head of Institutional. This move... |
| Nov 7, 2024 | UtilityInnovation Group Receives Investment from Volvo Penta | UtilityInnovation Group (UIG), a Raleigh, NC- and Dublin, Ireland-based company specializing in utility systems and decentralized energy solutions, received an investment from Volvo Penta. The amount of the deal was not disclosed. The compa... |
| Jul 10, 2023 | Utility Innovation Group acquires Enicity | Utility Innovation Group (UIG), US-based provider of advanced energy solutions, has announced the acqusition of Enicity, an advisory firm specialising in the application of energy technologies in power systems based in Ireland. The acquisit... |
| Apr 11, 2023 | Volvo Penta invests in Utility Innovation Group to accelerate electric grid innovation | Volvo Penta invests in Utility Innovation Group to accelerate electric grid innovation Tue, Apr 11, 2023 14:00 CET Report this content Volvo Penta has acquired a minority stake in Utility Innovation Group (UIG). The investment accelerates e... |
| UtilityInnovation Group | “Using our decentralized energy and microgrid experience, we’re shaping the future of electric infrastructure and building the carbon-free grid of tomorrow.” |
Reviews 0
FAQ about UtilityInnovation Group
When was UtilityInnovation Group founded?
UtilityInnovation Group was founded in 2020.
How much funding has UtilityInnovation Group raised?
UtilityInnovation Group has raised $19.8M in total across 1 funding round.
What has the press written about UtilityInnovation Group?
Parsers VC has collected 6 articles mentioning UtilityInnovation Group, among them “Bybit's Strategic Shift: Empowering Institutional Growth with Shunyet Jan” (Nov 8, 2024) and “UtilityInnovation Group Receives Investment from Volvo Penta” (Nov 7, 2024).
Is UtilityInnovation Group still active?
Yes, UtilityInnovation Group is active; its latest activity on Parsers VC dates from Sep 5, 2026.