Pender Ventures leads investment in Engineered Intelligence

Vancouver, BC, April 9, 2026 — Engineered Intelligence Inc closes their first funding round with an investment from Pender Ventures. Pender Ventures led the financing, with participation from 24/6 Capital Partners, management and existing investors. 

“Thanks to the investment from Pender Ventures, we can continue to help utilities make better, more rigorous, and more defensible asset management decisions,” says Engineered Intelligence Inc CEO & Co-Founder, Ted Zalucki, “We are grateful to have found a partner with such confidence in our team’s understanding of the industry and ability to transform asset management for utilities around the world.”

Pender Ventures invest in technology companies solving hard problems in complex markets. Utility asset management is one of those markets. Utilities are under growing pressure to make better asset investment decisions in an environment that is becoming more complex by the year. Aging infrastructure, grid modernization, rising power demand, electrification, renewable integration, and increasing regulatory scrutiny are all colliding at once. The result is a planning challenge that is both operationally difficult and economically significant. Engineered Intelligence is effectively solving these problems and helping utilities respond to the increasing complexity.

“The Engineered Intelligence leadership team has strong founder market fit,” says Maria Pacella, Managing Partner at Pender Ventures “The founding team has experienced the problem firsthand throughout their careers, and customer references frequently cited the team’s subject matter expertise as a strength.”

About Engineered Intelligence

Engineered Intelligence is redefining how utilities plan and invest in grid infrastructure. Built by power engineers, their AI-driven platform unifies asset, grid, GIS, and real-time field data into a single, system-wide view that supports smarter, faster, and more strategic decision-making. More information about Engineered Intelligence can be found at engineeredintelligence.com.

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To schedule an interview with Ted Zalucki or Maria Pacella, please contact:

Name: Damien Quentin
Title: Head of Strategy
Company: Engineered Intelligence Inc
Email: dquentin@engineeredintel.com