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Utility Global

Utility Global is an off-gas-to-value company pioneering the eXERO™ gas production technology for hard-to-abate industries. Their proprietary reactor converts industrial process gases into high-purity hydrogen and concentrated CO2, offering a cost-effective way to reduce greenhouse gas emissions. This technology is particularly impactful for decarbonizing steelmaking and other sectors.

Funding Round: Series C

Funding Amount: $53M

Date: 25-Sep-2024

Investors: OPG Pension Plan, ArcelorMittal XCarb® Innovation Fund, Ara Partners, Aramco Ventures

Markets: Energy, Steel, Chemicals, Refining, Hydrogen, Climate Technology Product Manufacturing

HQ: Houston, Texas, United States

Founded: 2018

Website: https://utilityglobal.com/

LinkedIn: https://www.linkedin.com/company/utilityglobal

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Crunchbase: https://www.crunchbase.com/organization/utility-global

Pitchbook: https://pitchbook.com/profiles/company/437656-33


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