Utility Global

United States
Awendaw, South Carolina, United States, 77084

Company profile

Utility Global company profile

Utility Global is the develops of eXERO™, a gas production technology, aimed at achieving an affordable, beyond-net-zero, low-carbon future. The company has created a proprietary reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, all without the need for electricity. This system enables on-site carbon capture from a single cost-effective location. In the steelmaking industry, the hydrogen generated can be reused to replace coke, while the concentrated CO2 stream's purity makes carbon capture simpler and more economical—a key step in decarbonizing steel production.

Business identity

Contact email
[email protected]
Phone number
(385) 482-0246
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2018-01-01, Year

Headquarters

Postal code
77084
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
4
Total equity funding
$86M
Last funding
Series C / $53M / 2024-09-25
Last equity funding
Series C / $53M
Investors
8
Lead investors
2
Founders
3
Articles
50

Founders and investors

Founders

David HallJin DawsonMatt Dawson

Lead investors

Ara PartnersOntario Power Generation

Investors

Aramco VenturesAra PartnersArcelorMittalSaudi AramcoSaudi Aramco Energy Ventures