NEW YORK, May 28, 2026 (GLOBE NEWSWIRE) -- Renown Capital Partners ("Renown"), a growth equity firm investing in the technologies reshaping the global energy system, announced today that it has completed a fund investment in Utilidata. This second tranche of investment, which included participation from existing investor Keyframe Capital, closes out the $100 million Series C round led by Renown.

As AI demand, electrification, and aging infrastructure all collide, the technologies that are best positioned to succeed will be those that help the energy system do more with what it already has. Utilidata is a clear example of what that looks like in practice.

The company's Karman platform, co-developed with NVIDIA, provides dynamic power orchestration for AI data centers. By embedding real-time visibility and control at the rack level, Karman enables operators to better utilize the power already available to them rather than waiting in line for new grid connections - which in major markets can take ...