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# Render Networks Announces $14.3 Million Funding Raise From Black Kite Partners
- URL: https://broadbandbreakfast.com/render-networks-announces-14-3-million-funding-raise-from-black-kite-partners/
- Published: 2026-04-22T20:49:13.000Z
- Updated: 2026-08-20T21:53:42.000Z
- Description: Company hopes to join utility infrastructure buildout through the acquisition.
- Author: Lincoln Patience
- Tags: Briefs, Render Networks, BEAD, Esri, Black Kite Partners, mPower Innovations, Nokia, #with-siderail

WASHINGTON, April 22, 2026 — Australian construction software company Render Networks announced $14.3 million in private equity growth funding alongside the acquisition of mPower Innovations.

The move allows Render to join the [expected utility infrastructure buildout](https://www.wsj.com/business/energy-oil/utilities-plan-to-spend-1-4-trillion-over-next-five-years-to-power-ai-boom-e91b8f16?ref=broadbandbreakfast.com) as developers race to stay ahead of AI grid demands. BlackKite Partners is an Australian private equity firm which [launched in March of this year](https://www.financialstandard.com.au/news/former-ifm-executives-branch-out-launch-black-kite-partners-179811713?ref=broadbandbreakfast.com).

As part of the acquisition, Render will transition their digital modeling platform to [Esri’s ArcGIS system](https://www.esri.com/en-us/arcgis/geospatial-platform/overview?ref=broadbandbreakfast.com), widely used by urban developers and governments. mPower Innovations founder **Greg Calcari** and CEO **Jason Brown** will stay on with Render in senior leadership roles.

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“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,” said Render CEO **Stephen Rose**. Rose spent 12 years at Nokia and most recently served as a general manager for IBM. 

Render Networks provides an AI-driven SaaS platform for construction data, [ensuring data continuity for BEAD deployment](https://www.rendernetworks.com/resources/render-networks-and-mpower-innovations-partner-to-deliver-a-seamless-construction-to-operations-system-of-record-for-critical-infrastructure?ref=broadbandbreakfast.com) and other major infrastructure projects. [Past customers include](https://go.rendernetworks.com/value?ref=broadbandbreakfast.com) Lumen, Connect2First, and [Craighead Electric Cooperative Corporation](https://broadbandbreakfast.com/render-networks-and-irby-ahead-of-schedule-on-arkansas-fiber-build/). The company is based in Australia but has U.S. headquarters in Denver. 

“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.”