Utonomy has developed innovative technology to automatically optimise the pressure in gas distribution networks. This is currently done manually and doesn’t take account of large seasonal and daily variations in demand. As leakage from the network is directly proportional to pressure, optimisation of pressure leads to a significant reduction in leakage. Methane is a potent greenhouse gas, so it is critically important to keep leakage to a minimum. The Utonomy solution also reduces operating costs and the cost of lost gas giving gas network operators an ROI of less than two years.
Location: United Kingdom, England, Southampton
Employees: 11-50
Total raised: $1.901901M
Founded date: 2015
Investors 3
Funding Rounds 2
| Date | Series | Amount | Investors | Deal News |
| 01.09.2017 | - | $647.502K | - | finsmes.co... |
| 01.04.2017 | - | $1.254399M | - | finsmes.co... |
Mentions in press and media 3
| Date | Title | Description | Source |
| 04.11.2023 | Utonomy secures £4.4million development funding from OFGEM | We are delighted to announce that Utonomy has been selected to receive £4.4million development fundi... | westhillca... |
| 01.09.2017 | Utonomy Secures £500K in Funding | Utonomy, a Southampton, UK-based intelligent gas grid solutions provider, secured £500k in funding. ... | finsmes.co... |
| 01.04.2017 | Utonomy Secures £1m in Funding | Utonomy, a Southampton, UK-based sustainability startup focused on reducing methane waste, secured £... | finsmes.co... |