a year ago
Heatio Secures £2 Million to Expand Smart Energy Home Management Tool
Heatio, a Liverpool-based startup, has secured £2 million in funding to expand its smart energy home management tool, Heatio Flexx
The funding will be used to expand the team, launch an updated version of the tool, and scale the onboarding process for new customers
The investment was led by Ascension, with additional funding from Conduit Connect, The Syndicate Room, LYVA Labs, deep tech investor Neil Norman, and Baltic Ventures
Heatio will also provide a new renewable technology subscription called 'Energy as a Service' through a pilot contract for 350 homes in the North West, eliminating upfront costs for consumers considering heat pumps, solar PV, or battery storage.
ProblemTechnology
"Making clean energy more accessible and affordable for homeowners."
Solution
"Heatio Flexx, a smart energy home management tool that uses AI and machine learning to provide tailored energy solutions based on property type and energy usage, helping customers save money on their energy bills."