IND Technology, an Australian company specializing in infrastructure monitoring for utilities, has secured $33 million in growth funding to boost its AI-driven efforts to prevent wildfires and power outages. This major funding round was led by notable investors Angeleno Group and Energy Impact Partners, highlighting the increasing importance of innovative technologies in managing critical utility infrastructure. Founded in 2013 following Australia’s devastating Black Saturday wildfires—bushfires that caused widespread destruction and loss of life—IND Technology was created to address the urgent need for improved monitoring and predictive systems to manage risks linked to power transmission equipment in fire-prone areas. Since then, the company has developed advanced early fault detection systems using artificial intelligence and machine learning to improve the safety and reliability of electrical grids. IND Technology’s systems process large volumes of data from power transmission equipment, enabling early detection of faults and operational anomalies that could trigger hazardous events like wildfires or power outages. By leveraging machine learning algorithms, the technology identifies patterns and predicts failures before they happen, providing utility companies with critical insights to take proactive action. The $33 million funding will support the expansion of IND Technology’s research and development, accelerate product deployment, and grow the company’s presence in international markets. It also fosters collaboration with utilities pursuing advanced monitoring solutions to strengthen grid resilience and safety. Leadership in this funding round by Angeleno Group and Energy Impact Partners aligns with their strategic focus on clean energy technologies and infrastructure resilience.

Their involvement brings not only capital but also strategic guidance and industry expertise, positioning IND Technology for significant growth and innovation. Over the years, IND Technology has established itself as a key player in the energy sector, tackling challenges posed by extreme weather, aging infrastructure, and rising demand for reliable electricity. The company’s AI-powered approach is a vital tool in global efforts to prevent catastrophic wildfires and mitigate power outages, which carry substantial social, economic, and environmental impacts. The new funding will enhance AI model refinement to increase detection accuracy and reduce false positives. The company also plans to invest in expanding sensor networks and data collection infrastructure to achieve comprehensive monitoring coverage. By advancing early fault detection technologies, IND Technology aims to contribute to safer communities, a more dependable power supply, and a lowered environmental footprint linked to wildfires and power failures. As climate change escalates wildfire frequency and severity worldwide, solutions like those from IND Technology represent a critical advance in protecting essential infrastructure. In summary, this $33 million funding milestone marks a significant step forward for IND Technology as it continues to innovate at the intersection of AI and utility infrastructure monitoring. Supported by leading investors, the company is well-positioned to expand its impact in wildfire prevention and power grid reliability, addressing some of the most urgent challenges faced by utilities and communities globally.