3 years ago

measurable.energy Raises £4.5M in Series A Funding

  • measurable.energy, a UK-based technology company, has raised £4.5 million in Series A funding led by RO Capital Partners, Clean Growth Fund, Vectr7 Investment Partners LLP, and MMC Ventures, with Bonheur ASA joining

  • The funds will be used to accelerate growth and expand operations.

      • ProblemEnergy

      "eliminating 'Small Power' waste, which is energy consumed by devices that are not in use or are in standby mode, such as printers, AV equipment, chilled/hot water taps, monitors, and heaters, often left on or in standby mode overnight."

      Solution

      "measuring energy usage of devices through smart sockets, using machine learning to identify devices and their energy consumption patterns, and automatically turning off devices to avoid wasted energy."

      Covered on