Render Networks, the purpose-built execution platform for critical infrastructure, today announced $20 million AUD in private equity growth funding alongside the acquisition of mPower Innovations.
The funding round comes from existing shareholders, advised by Black Kite Partners, and marks a decisive step in Render’s evolution from field-first execution leader to the end-to-end system of execution for critical infrastructure. Combined with the mPower acquisition, Render’s investments span the entire asset lifecycle through design-deployment-operations and lifecycle management, for both telecom and electric utilities.
The Infrastructure Moment Is Now
The buildout of critical infrastructure is entering its most capital-intensive era in a generation. AI and hyperscaler data centers are creating cascading, interdependent demand, from fiber broadband through to the power grid that sustains it. The electric sector alone faces a $1.4 trillion investment cycle through 2030, driven by AI load growth, the accelerating shift to renewables, and grid resilience mandates.
Utilities must deploy capital smarter and faster while managing greater complexity and maintaining full auditability across every asset, at a scale existing execution systems were never designed to handle.
Over the past 18 months, Render Networks has built and validated its system of execution across the telco sector, enabling massive scale FTTH, long haul and data center expansion. CEO Stephen Rose, now heading into his second year, has anchored that growth with a clear mandate: ensure every asset deployed has the best possible return on capital and ensure the entire deployment lifecycle is verifiable, visible, and ready to perform for decades.
That platform serves as the foundation on which to build a system of execution to address the full asset lifecycle for both electric and telco sectors.
“Billions of dollars are moving into infrastructure deployment in the next 5 years, and the demand on infrastructure leaders leaves no margin for error,” said Rose. “Our existing shareholders are doubling down on what we’ve built and the market we’re moving into. With mPower, we extend our system of execution across both sectors, ensuring every asset is rapidly monetized, and the entire asset and deployment lifecycle is verifiable, visible and de-risked.”
The mPower Acquisition: One System of Execution
The acquisition of mPower Innovations completes Render Networks’ portfolio, enabling operators and build partners to deploy capital with precision and speed at a moment of massive industrial AI and data center demand. mPower’s leadership, Jason Brown and Greg Calcari, will continue with Render is senior leadership roles.
“Reliability starts with a shared operational truth,” said Jason Brown, CEO of mPower Innovations. “By joining Render Networks, operators and builders can manage and deploy critical infrastructure with complete accuracy rooted in what is actually happening in the field — not what was planned on paper. Our customers can move forward with confidence and speed, knowing their system of execution reflects verified field reality.”
mPower’s software solutions reach across design, asset management, outage management, interactive voice response, and data analytics, enabling Render Networks to address the full infrastructure asset lifecycle.
Accelerating Render Network’s Technology Strategy: Esri, Databricks, and Agentic AI
The new funding accelerates Render Networks’ AI-first product roadmap, anchored in two enterprise-grade platforms built for the scale of modern infrastructure.
- Geospatial Foundation — Esri ArcGIS: Render Networks is transitioning its spatial engine to Esri’s ArcGIS, the industry-leading geospatial platform for electric, utility, and connectivity infrastructure. Design, execution, and operations will all be grounded in a single, consistent geospatial model. mPower’s existing Esri-native architecture validates this approach and accelerates the transition.
- AI Infrastructure — ClearWay on Databricks: Render Networks continues to advance ClearWay, its agentic AI architecture built on Databricks as the foundation for its data and AI platform. ClearWay moves beyond static analysis to a federated system of governed agents capable of validating, approving, and acting on work in real time.
Addressing the Full Infrastructure Investment Landscape
In private markets, as capital accelerates into hyperscaler and edge data center development, Render Networks’ unified system delivers the risk mitigation and execution visibility required across interdependent critical infrastructure programs, protecting capital deployment and compressing time to revenue.
“Render has built something rare — an execution platform that actually reflects what happens in the field,” said Adrian Kerley of Black Kite Partners. “As infrastructure spending accelerates across both broadband and electric, the market needs a solution that can deliver verified, auditable outcomes at scale.
About Render Networks
Render Networks is the system of execution for critical infrastructure, enabling fiber, broadband, and electric operators to plan, build, and manage assets on a verified, auditable data foundation. Headquartered in Denver, Render serves telecommunications providers, utilities, and government-funded broadband programs across North America and Australia.
Learn more at rendernetworks.com
About mPower Innovations
mPower Innovations provides infrastructure management solutions for electric utilities, combining deep sector expertise with a technology platform built to connect field execution with enterprise operations. mPower’s FiberPro solution is built on Esri’s ArcGIS platform and is trusted by utility operators across the U.S.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260422131996/en/
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