2 years ago
myenergi Secures £30M Investment from Energy Impact Partners
myenergi, a UK-based smart home energy technology manufacturer, received a £30M investment from Energy Impact Partners
This follows the £30M debt finance myenergi secured from HSBC
The company plans to use the funds for growth, internationalization, and product development, including planned growth in grid services – such as demand side response.
ProblemTechnology
"Making home energy use more efficient and sustainable by enabling homeowners to better manage their energy consumption. People want to reduce their carbon footprint but they also need to be able to afford to charge their electric vehicles and use their home appliances."
Solution
"myenergi manufactures a range of 'eco-smart' home energy technologies including solar-compatible electric vehicle charge points, power diverters, and home batteries. These products help homeowners to manage their energy consumption more efficiently, reducing their carbon footprint and energy bills, by optimizing the use of solar power and by enabling them to store energy for later use."