Ubicquia, a Miami-based intelligent infrastructure company, has raised $106 million in Series D funding. The company transforms existing streetlights, utility poles, and distribution transformers into intelligent systems using sensors, AI-driven analytics, software platforms, and connectivity. This funding will accelerate growth in optimizing energy efficiency, enhancing grid resilience, streamlining operations, and enabling public safety and smart city applications.
Streetlight Retrofit Funding Accelerates
The round arrives amid rising investments in smart infrastructure as cities and utilities address aging assets. Ubicquia's model taps into 450 million streetlights, 500 million transformers, and 1 billion poles globally, minimizing deployment costs compared to building new networks. Deployments already span 800+ cities across North America, Europe, and Asia.
Untapped Assets Fuel Grid Inefficiencies
Utilities manage vast networks of legacy infrastructure ill-equipped for modern demands. Energy waste from inefficient lighting and unmonitored transformers contributes to higher costs and vulnerability to outages. Retrofitting offers a path to savings, as seen in Philadelphia's $200 million reduction and 10% CO2 cut, yet widespread adoption lags due to high upfront investments in new hardware.
Sensors Unlock Instant Infrastructure Intelligence
Ubicquia attaches compact devices like the UbiCell 3i AI controller and UbiGrid DTM+ transformer monitor directly to existing poles and assets. This enables real-time data on power usage, fault detection, and even license plate recognition for public safety. Unlike standalone IoT deployments requiring new poles, Ubicquia's retrofit approach cuts costs by leveraging ubiquitous infrastructure, processing over a trillion data points annually.
The UbiVu platform aggregates insights for asset management, while partnerships with Ericsson for streetlight small cells and Qualcomm for connectivity enhance scalability.
Series D Powers Global Infrastructure Scale
This $106 million infusion signals strong backing for Ubicquia's expansion into smart grids, lighting, and public safety worldwide. It positions the company to deepen penetration with utilities like Duke Energy and cities including San Diego and Los Angeles. The capital supports scaling operations beyond current traction, where Memphis achieved $2.7 million in annual savings.
Massive Infrastructure Drives Smart City Growth
An estimated 450 million streetlights worldwide represent a $XX billion opportunity for intelligent upgrades, though exact market projections vary. Competitor activity underscores momentum, but Ubicquia differentiates through proven ROI: 388,330+ tons of CO2 reduced across deployments. San Diego deployments aided over 200 investigations via integrated cameras.
Veteran Leadership Bolsters Revenue Push
Ubicquia recently appointed industry veteran Matthew Brady as Chief Revenue Officer to drive global growth. With 194 employees, the team brings expertise from partnerships with Acuity Brands and S&C Electric, fueling deployments in major markets.
AI Monitoring Targets Commercial Expansion
Fresh off launching AI-Driven Power Monitoring services for commercial and industrial customers, Ubicquia eyes broader adoption. The GovTech Top 100 recognition for the fourth year highlights public sector momentum, with plans for enhanced smart city platforms like UbiHub AI+.