Fundraising FoxUtility Global
Houston, US · Founded 2020 · Delaware corporation · 7 known investors
Find your way into Utility Global
Sign up to see every warm intro you have to Utility Global
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Utility Global team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Utility Global develops H2Gen, an electrochemical technology that produces hydrogen by converting water using residual energy in industrial off-gases and biogenic gases without electricity, while concentrating carbon dioxide as a separate stream. It targets decarbonization of hard-to-abate industrial sectors.
Founders & leadership
PM
Parker MeeksChief Executive OfficerParker Meeks is CEO and President of Utility Global, which develops H2Gen electrochemical technology for industrial decarbonization. Previously, he served as CEO of Hyzon (hydrogen fuel cell systems), President of Infrastructure at TRC, and as Managing Partner of McKinsey & Company's Houston office, where he also helped establish the firm's Capital Productivity & Infrastructure practice.
DK
Derek KramerChief Operations OfficerDerek Kramer holds a bachelor's degree from the Air Force Academy and University of Colorado and a master's degree from the University of Georgia. He brings executive experience in operations, manufacturing, and enterprise technology across public and private sectors, and serves on corporate boards and advisory committees.
MA
Matthew A. DawsonNamed on SEC filing
DR
David R. HallNamed on SEC filing
CJ
Carl J. BellistonNamed on SEC filing
Board
AM
Anderson MorelatoBoard director
AD
Ari DavidBoard director
CS
Investors · 7
Ara Partnerslisted by Ara PartnersBoston
How we know: Ara Partners's portfolio page · funding news · media.utilityglobal.com · Not right? Tell us
Aramco Venturesreported
How we know: media.utilityglobal.com · Not right? Tell us
Also in the syndicate · 5
APG AssetleadAPG Asset ManagementleadArcelorMittal XCarb® Innovation FundOPG Pension PlanleadSaint-Gobain
Reported raises · per SEC filings
Form D private placements$174.4M disclosed across 5 rounds · 2020–2026
▶$100MraisedMay 2026 · 1 investors · Other EnergyRule 506(b)
▶$100MraisedMay 2026 · 1 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Parker MeeksExecutive Officer, Director
- Anderson MorelatoDirector
- Ari DavidDirector
- Cory SteffekDirector
- Derek KramerExecutive Officer
- Offering amount
- $100M
- Amount sold
- $100M
- First sale
- Feb 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$48.3MraisedMay 2024 · 4 investors · Other EnergyRule 506(b)
▶$48.3MraisedMay 2024 · 4 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Cory SteffekDirector
- Ari DavidDirector
- William HammarstromDirector
- Claus NussgruberExecutive Officer, Director
- Greg HeinleinExecutive Officer
- Offering amount
- $128.3M
- Amount sold
- $48.3M
- Finders' fees
- $5M
- First sale
- May 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$18.1MraisedMay 2022 · 3 investors · Other EnergyRule 506(b)
▶$18.1MraisedMay 2022 · 3 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Charles CheringtonDirector
- Claus NussgruberExecutive Officer, Director
- William HammarstromDirector
- Cory SteffekDirector
- Matthew A. DawsonExecutive Officer
- Troy ThackerDirector
- Offering amount
- $21M
- Amount sold
- $18.1M
- Minimum investment
- $1.1M
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$3MraisedFeb 2021 · 1 investors · Other EnergyRule 506(b)
▶$3MraisedFeb 2021 · 1 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Matthew A. DawsonExecutive Officer, Director
- Cory SteffekDirector
- David R. HallDirector
- Offering amount
- $7M
- Amount sold
- $3M
- Minimum investment
- $3M
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$5MraisedJul 2020 · 1 investors · Other EnergyRule 506(b)
▶$5MraisedJul 2020 · 1 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Cory SteffekDirector
- Matthew A. DawsonExecutive Officer, Director
- David R. HallExecutive Officer, Director
- Carl J. BellistonExecutive Officer
- Offering amount
- $5M
- Amount sold
- $5M
- Minimum investment
- $5M
- First sale
- Jul 2020
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Utility Global went on to found or lead other companies.
Related companies · 1
Companies working in the same space as Utility Global.
In the news
Frequently asked questions
- What does Utility Global do?
- Utility Global develops H2Gen, an electrochemical technology that produces hydrogen by converting water using residual energy in industrial off-gases and biogenic gases without electricity, while concentrating carbon dioxide as a separate stream. It targets decarbonization of hard-to-abate industrial sectors.
- Who are Utility Global's investors?
- Utility Global's investors include Ara Partners, Aramco Ventures.
- How much funding has Utility Global raised?
- Utility Global has disclosed $174.4M raised across 5 rounds.
- Where is Utility Global headquartered?
- Utility Global is headquartered in Houston, US.