2 years ago

Mixergy Secures £9.2 Million for Smart Water Tank R&D Centre

  • Oxford spinout Mixergy has raised £9.2 million to build an R&D center for its smart water tanks

  • The tanks use thermal stratification to efficiently heat water and can be connected to various energy sources

  • The funding round saw participation from investors including EDP Ventures, Nesta, and Oxford Science Enterprises.

      • ProblemTechnology

      "Traditional hot water tanks are inefficient and waste energy by heating the entire tank of water, even when only a small amount is needed."

      Solution

      "Mixergy's smart water tanks use thermal stratification to heat only the water that is required, reducing energy consumption and costs for homeowners."

      Covered on