Heatio bags £2M to make clean energy more accessible and affordable
06/27/24, 5:00 AM
Location
liverpoolMoney raised
£2 million
Industry
solar
renewable energy
energy
artificial intelligence
Round Type
seed
Investors
Neil Norman, Lyva Labs, Baltic Ventures, The Syndicate Room, Conduit Connect, Ascension
Liverpool-based cleantech startup Heatio has secured £2 million in funding to move closer to its mission of making clean energy more accessible and affordable. The oversubscribed investment round was led by Ascension, with support from several co-investors, including Conduit Connect, The Syndicate Room, Baltic Ventures, LYVA Labs, and deep tech investor Neil Norman. The investment will be used to expand the Heatio team, launch version 2 of the Heatio Flexx app, and scale the onboarding process for new customers.
Company Info
Location
liverpool, england, united kingdom
Additional Info
Heatio is a Liverpool-based cleantech startup founded in 2022. The company is revolutionizing home energy management with its smart home energy platform, Heatio Flexx. Their platform is connected to Heatio’s Virtual Power Plant, optimizing and managing renewable technologies like solar panels, heat pumps, EV chargers, and batteries. Using AI and machine learning, Heatio Flexx provides tailored energy solutions based on the property type, making the property more efficient and enabling consumers to save money on their energy bills.