Ubicquia just secured $106M in Series D funding to scale AI-powered infrastructure solutions for cit...
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The article describes an incremental funding update for a player in the Enterprise-Ops/Utility vertical; it does not meet the $500M threshold for cross.§D.
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Ubicquia just secured $106M in Series D funding to scale AI-powered infrastructure solutions for cities and utilities. With over 1,000 customers already using platforms that process billions of data points daily, this signals a major shift toward making existing infrastructure intelligent rather than replacing it. The company's approach turns streetlights, transformers, and utility poles into connected nodes compatible with 450M+ assets worldwide. As grid resilience becomes critical, expect more AI investments focused on upgrading legacy systems through software and analytics instead of costly hardware replacement.