Smart City & Utility Industry News

Xylem expands its corporate venture capital to $50 million to fund startups tackling climate challenges including water scarcity and decarbonization.

Portugal's Eneida secures €10.5M in Series B funding to scale its low-voltage grid analytics platform and help operators reduce power outages.

Australia’s Clean Energy Finance Corporation allocates $33 million to Intellihub to deploy smart meters and enhance nationwide grid stability.

The IOC uses Alibaba Cloud tools across 35 Paris 2024 venues, installing 100 smart electric meters to analyze power demand and reduce emissions.

Hayden AI secures $90 million in growth financing to expand its transit vision AI platform across major US cities like New York and Los…

ENGIE Vianeo teams with BICS to deploy 50,000 connected EV charging devices, starting in Belgium to support real-time remote maintenance.

Reunion Island startup Feelbat secures €1.5 million to expand its structural monitoring sensors across France and enter the European market.

Reus City Council installs air quality and noise sensors across ten locations to support its Low Emission Zone and curb pollutant emissions.

Brembo invests in US startup Spoke Safety to link braking systems with connected vehicles, road users, and smart city infrastructure.

Itochu secures a $332,000 contract for a smart city trial in Tainan, Taiwan, positioning the firm to target $330 million in upcoming AI projects.