10 New Utility Companies & Startups to Watch in 2026

Executive Summary: Which are the Top 10 New Utility Companies to Watch?

1. Billee Technologies (USA): Automates multifamily utility billing using artificial intelligence (AI) to streamline workflows, manage meter data, and provide residents with accurate billing through a cloud-based platform.
2. DistrictLab (France): Creates district heating and cooling software that simulates and optimizes thermal grids using geographic information system (GIS) data and advanced modeling for efficient energy distribution.
3. Onunda (UK): Converts sewage sludge and organic waste into clean energy and fertilizers through hydrothermal carbonization, sludge dewatering, and gasification technologies.
4. Meter-reader (Hungary): Offers an AI-powered smart meter reading solution that remotely captures and processes utility consumption data without replacing existing meters.
5. FIDgate (Germany): Provides a decision intelligence platform that optimizes solar photovoltaic (PV) and hybrid storage project designs by analyzing land, grid, and market constraints.
6. Yuno Energy (Ireland): Delivers a home energy management platform that forecasts monthly bills, supports multiple tariff models, and enables residents to adjust consumption habits.
7. The Bin Lift (Qatar): Develops durable, weather-resistant waste bins with customizable options for residential, commercial, and industrial waste collection and disposal.
8. SparkTech (Ghana): Builds liquified petroleum gas (LPG) logistics and delivery software that enables real-time tracking, route planning, and bulk order management to improve distribution efficiency.
9. Youtilitics (USA): Offers an AI-driven utility monitoring platform that analyzes household energy and water usage, detects anomalies, and recommends savings opportunities.
10. ELNSensors and Systems (India): Designs multi-parameter water sensors for flow, pressure, level, and velocity measurement, enabling non-intrusive monitoring and leak detection in distribution grids.

Global Startup Heat Map highlights Emerging Utility Startups to Watch

Through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 7M+ startups, 20K+ technology trends, plus 150M+ patents, news articles & market reports, we identified top utility companies.

The Global Startup Heat Map below highlights emerging 10 utility startups you should watch in 2026, as well as the geo-distribution of 4700+ startups & scaleups we analyzed for this research.

According to our data, we observe high startup activity in Western Europe and the United States, followed by India. The top 5 Startup Hubs for Utility are London, Houston, New York City, Calgary, and Berlin.

Meet New Utility Companies to Watch in 2026

We hand-picked startups to showcase in this report by filtering for their technology, founding year, location, funding, and other metrics. These emerging utility startups work on solutions ranging from smart meter readers and waste collection & disposal to utility intelligence and utility data analysis tools.

1. Billee Technologies

• Founding Year: 2024
• Location: Dallas, TX, USA
• Use For: Utility Intelligence Platform

Billee Technologies automates multifamily utility billing. It leverages AI to streamline utility workflows. The startup’s cloud-based software gives property managers real-time visibility into the utility data of multiple properties.

The software identifies billing anomalies and ensures compliance with current regulations. It also automates meter data management. It features a payment portal for residents and improves billing accuracy.

In addition, Billee Technologies provides utility billing, analytics, accounts payable, resident engagement, and hardware support services. This allows residents as well as multifamily real estate operators to reduce manual processes and manage utilities more efficiently.

2. DistrictLab

• Founding Year: 2023
• Location: Grenoble, France
• Use For: District Heating and Cooling Software

DistrictLab creates district heating and cooling software, DistrictLab-H. This software conducts computer-aided design and optimization of district thermal grids.

DistrictLab-H uses a unified thermal-hydraulic kernel to model production, distribution, and consumption. It automates model building and network analysis from geographical information system (GIS) data.

Its simulation tools cover different network architectures, including two-tube, three-tube, and open networks. They also cover multiple topologies, such as tree-shaped or meshed layouts.

Moreover, the software tracks energy losses in thermal grids and performs complex system analyses in seconds on a standard laptop. It features an interface and digital twin capabilities that allow users to edit and simulate network scenarios with minimal setup effort.

DistrictLab-H’s simulation environment enables engineers to test and validate different control strategies for design improvement.

3. Onunda

• Founding Year: 2023
• Location: Carlisle, UK
• Use For: Next Generation Sewage Treatment Solution

Onunda turns sewage sludge and organic waste into clean energy and nutrient-rich fertilizers. It uses hydrothermal carbonization (HTC), drying, and gasification technologies to process wastewater.

The HTC technology applies high temperature and pressure to break down the organic material into carbon-rich hydrochar and a nutrient-laden liquor. This recovers useful nutrients and eliminates harmful chemicals and pathogens.

The dewatering stage yields a high-nutrient liquid free of microplastics and chemicals that are usable as clean fertilizer or as feedstock to boost biogas production. Gasification then converts hydrochar into high-calorific syngas. Also, excess syngas is exportable to the grid, which makes the entire process self-sufficient and fossil-fuel-free

Additionally, Onunda offers a carbon-negative wastewater solution that eliminates biosolid discharge to land and reduces microplastic and toxic pollutant release. It also provides sustainable energy and fertilizer outputs.

4. Meter-reader

• Founding Year: 2023
• Location: Dunakeszi, Hungary
• Use For: Smart Meter Reader

Meter-reader provides an AI-based smart metering solution. It automatically reads flowmeters through image capture and processes images on the cloud. It also offers optional hardware to display readings. Users also submit images via mobile phone or dedicated low-power devices.

Moreover, readings are accessible through an intuitive online dashboard and offer clear visualizations of utility consumption. This enables remote utility consumption tracking for property owners and facility managers without replacing existing meters.

The smart metering solution improves accuracy through user feedback and leverages open-source software to lower costs. It also offers a subscription-based service with custom hardware that simplifies setup and adoption.

5. FIDgate

• Founding Year: 2023
• Location: Berlin, Germany
• Use For: Utility-focused Cloud Platform for Renewables

FIDgate offers a cloud-based decision intelligence platform for modeling solar, wind, and hybrid energy projects.

The platform analyzes multiple data points, such as land, grid, and market constraints, to provide tailored insights. Its algorithms evaluate project economics and yield to identify a profitable project configuration. The platform also automates scenario analysis to improve decision-making.

Further, the platform features investor-ready modeling aligned with the final investment decision (FID). This includes net present value (NPV), internal rate of return (IRR), merchant exposure, and power purchase agreement (PPA) trade-offs. These features allow developers, investors, and finance teams to reduce risks and improve financial returns.

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6. Yuno Energy

• Founding Year: 2023
• Location: Dublin, Ireland
• Use For: Home Energy Management

Yuno Energy offers visibility of fuel, gas, and electricity consumption. Its platform makes AI-driven predictions to forecast monthly usage and billing for residents via its application.

The AI analyzes user patterns from previous months and delivers daily updates on predicted bills in both kWh and euros. It supports dual-fuel, variable-rate, and fixed-rate tariffs with time-of-use options, giving households flexibility in managing costs.

Moreover, the application provides appliance-level comparisons and shows how individual devices contribute to consumption and how usage compares to households.

7. The Bin Lift

• Founding Year: 2024
• Location: Doha, Qatar
• Use For: Waste Collection and Disposal

The Bin Lift provides waste management bins for residential, commercial, and industrial applications. It deploys customizable skip hire, trolleys, plastic bins, and stainless steel bins. This gives users options to choose from as per their requirements. The bins incorporate weather-resistant materials and segregation capabilities. This ensures durability in outdoor conditions.

The startup also supports specialized services such as municipal and industrial waste collection, skip loader rentals, road sweeping, and beach cleaning. In addition, it manages waste segregation and recycling, and also processes collected refuse at its facility to ensure proper recycling and reduce landfill impact.

8. SparkTech

• Founding Year: 2023
• Location: Greater Accra Region, Ghana
• Use For: LPG Management Software

SparkTech makes software for LPG logistics and delivery. The software enables real-time tracking, route planning, and delivery scheduling.

The software allows companies to track inventory, shipments, and deliveries in real time. This prevents stockouts and encourages improved customer service. The software also supports bulk order management. This way, it provides visibility into the oil and gas supply chain and also facilitates efficient planning and distribution.

Moreover, SparkTech delivers advanced analytics on inventory levels, demand trends, pricing, production, and distribution. It equips businesses with data to make strategic decisions and drive growth.

9. Youtilitics

• Founding Year: 2024
• Location: Ventura, CA, USA
• Use For: Utility Data Analysis

Youtilitics creates a no-hardware utility monitoring platform for home energy and water usage. It leverages AI to analyze utility data, detect anomalies, and recommend opportunities for savings.

The platform syncs usage data daily and allows its AI to perform automated anomaly detection and alert users to leaks, usage surges, or other irregularities. AI algorithms categorize usage by categories, such as electric vehicle (EV) charging or heating, ventilation, and air conditioning (HVAC). This allows users to identify major contributors to their bills and track their consumption, and minimize waste.

10. ELNSensors and Systems

• Founding Year: 2020
• Location: Pune, India
• Use For: Multi-parameter Water Sensors

ELNSensors and Systems designs sensors that measure process parameters like flow, pressure, level, and velocity. ELNEMF, the startup’s electromagnetic flowmeter, measures the flow and level of conductive liquids.

ELNBAR, another sensor system, measures multiple parameters and eliminates the need to use multiple measurement instruments. Moreover, the startup’s multi-parameter water sensors enable non-intrusive measurements in water distribution grids and allow detection of water leaks.

Discover All New Utility Companies

The 10 utility startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Industry Innovation Reports for a broad overview of the industry, or get in touch for quick & exhaustive research on the latest technologies & emerging solutions that will impact your company in 2026!