Ubicquia, Inc. has raised $106.0 million in new funding, securing investment capital to further its mission of transforming critical infrastructure. The Florida-headquartered company specializes in converting traditional infrastructure into intelligent systems designed to enhance energy efficiency, strengthen grid resilience, and optimize operations for utilities and municipalities.
The company's platforms leverage advanced analytics and artificial intelligence to process over 2 billion data points daily. This extensive data analysis provides actionable insights for the optimized management of essential assets such as streetlights, distribution transformers, and utility poles. Ubicquia's cutting-edge solutions, which include sensors, software, and seamless connectivity, are currently deployed in more than 800 cities. These systems are also integrated with leading manufacturers of streetlights, transformers, and public safety solutions, demonstrating a broad reach and collaborative approach within the industry.
This significant capital infusion will enable Ubicquia to accelerate its strategic growth initiatives and expand its technological capabilities. The company plans to use the funds to further develop its innovative platforms, enhance its AI and analytics offerings, and broaden its market penetration across both utility and municipal sectors. This investment underscores confidence in Ubicquia's approach to modernizing infrastructure and its potential to drive substantial operational and environmental benefits for its clients. The company is poised to continue its expansion, delivering advanced solutions that support smarter, more resilient urban and utility environments.
