Facebook
Britain's News Portal
Around The Clock
BREAKING
Loading latest headlines…

CivilGrid Secures $26 Million Investment for Underground Mapping Technology

CivilGrid, a startup founded by former PG&E engineer Josh Mackanic, has raised $26 million in Series A funding to expand its underground utility mapping service.

  • CivilGrid gathers data on utility assets, property ownership, and environmental regulations to create a comprehensive underground map.
  • The company aims to reduce "utility strikes" and streamline construction planning for governments, engineering firms, and utilities.
  • A PG&E case study identified $60 million in potential paving cost savings across 1,600 gas distribution projects using CivilGrid.

CivilGrid, a startup that provides a mapping service for underground infrastructure, has successfully raised $26 million in Series A funding. The investment round was led by Spark Capital, with additional contributions from Afore, A*, Ford Street Ventures, SNR, and Energy Impact Partners.

Founded in 2020 by Josh Mackanic, a former Pacific Gas and Electric (PG&E) engineer, CivilGrid aims to address the challenges of unknown underground utilities. Mackanic noted that a three-day delay due to an unmapped pipe cost PG&E $60,000 in one instance. The company aggregates disparate data on utility assets, property ownership, and environmental regulations, selling access to governments, civil engineering firms, and utility companies, including PG&E.

Christine Cowsert, senior vice president of enterprise business and technology modernization at PG&E, stated that tools like CivilGrid help their teams identify risks earlier and build more efficiently. A case study by PG&E reportedly identified $60 million in avoidable paving costs across 1,600 planned gas distribution projects through the use of CivilGrid.

Mackanic plans to use the new funding to expand CivilGrid's customer base and eventually automate other bureaucratic processes involved in construction in the U.S.

Why this matters: The technology aims to reduce costly delays and safety risks associated with unknown underground infrastructure, which currently lead to around 200,000 "utility strikes" annually.

Related Articles

Get the news that matters.

Join thousands of readers getting the best of British news straight to their inbox.