Utonomy builds an AI- and machine-learning-based platform to automate gas pressure management across networks, aiming to reduce methane leakage, increase biomethane feed-in, and improve operational efficiency. The company uses network data and decision-making algorithms to deliver autonomous pressure optimisation and operational planning. Utonomy is expanding its product set with new high-margin recurring-revenue software offerings and next-generation hardware, while enhancing its intellectual property portfolio. The business has signed a major multi-year contract with SGN and says it has engaged with all of the major UK gas network operators. Its technology is positioned to support low-cost decarbonisation and network digitalisation by enabling remote, automated pressure adjustments and faster anomaly resolution. The company’s current financial news centers on development funding to accelerate product development and wider rollout. Utonomy develops an Internet of Things platform that automatically optimizes gas distribution pressures using electro-mechanical actuators retrofitted to networks and controlled by cloud-based software. The company focuses on reducing leakage in gas distribution networks and cutting methane emissions. Founded in 2015 and led by CEO Adam Kingdon, Utonomy combines hardware retrofits with intelligent software control. The recent funding will support completion of product development, certification and customer trials. The article reports the company secured £500k in funding from an external investor. No operating metrics were disclosed in the article. Utonomy is a Southampton-based sustainability startup developing a solution to optimize pressure in gas distribution networks. The company’s product is designed to reduce leakage of the greenhouse gas methane from gas networks. Led by CEO Adam Kingdon, Utonomy is completing product development and pursuing certification of its solution. The company is based at the University of Southampton Science Park and is part of the Catalyst incubator program. The investment will fund expansion of the engineering team and the establishment of an international sales and marketing base in Munich. Utonomy secured £1m in funding to support these plans.

Total raised

$7M

Funding rounds

3

Latest round

Equity

Latest activity

Sep 2023