The startup specialized in technology and sustainability, Uali, has recently received a investment round pre Series A of $1.5 billion. The investors have been the English fund Cornwall & Isles of Scilly Investment Fund (CIOSIF), Globant as well as other private actors.
Uali is a start up that offers a unique and disruptive solution through the use of three technologies (robotics, artificial intelligence and IoT) through which it provides preventive and predictive analysis in order to help the energy industry in its transition towards a sustainable future. The company, based in Spain, Argentina and the United Kingdom, has announced that the investment will be used for internal growth and expansion of markets.
The startup currently has more than 30 collaborators and this capital income will allow them to double their staff for next year. It will also begin to provide services in places such as Bolivia, Peru, Mexico and the US.
Ian Bogado, co-founder of Uali, explained that “Uali is a startup with exponential growth potential that has tripled its initial valuation in a context where startups are plummeting or disappearing. This is because we provide a pioneering solution in the energy sector; a high-value industry that invests heavily in its future and in the transformation of the core of its business”.
anticipate the future
Uali was born in 2018, thanks to the initiative and talent of two Argentine entrepreneurs: Diego Montesano and Ian Bogado who have developed a unique and differential proposal for the energy world that seeks to anticipate the future to favor decision making in the care of the most precious assets of the industry. The Uali service is quick to implement (it is operational in less than a month) and allows real-time information tracking.
Between 2019 and 2020 they landed in Spain and the United Kingdom, in the latter in the hands of a renewable energy project with wind turbines for the most important British aerospace hub.
In 2021, thanks to an investment from Globant, they expand internally and start working for the large companies in the sector. Today, among its main clients are the main global energy companies such as Shell, Total, Pae, Repsol and Pluspetrol, among others.