3 years ago
EcoSync Raises Nearly £1 Million in Seed Funding for Energy Solutions
EcoSync, an Oxford, UK-based startup offering an energy solution for commercial buildings, has secured nearly £1 million in its second seed funding round
The funding came from RO Capital Partners, the Oxford Innovation EIS Growth Fund, angel investors Richard van der Knaap, Steve Headington, and Bruce Melizan, and Crowdcube
EcoSync's technology provides building managers with individual room temperature control, considering occupancy levels, and allows users to adjust temperatures via QR codes
The company plans to utilize the funds for product development, expansion into sectors beyond higher education, and growth in AI, sales, and marketing.
ProblemEnergy
"The problem EcoSync is trying to solve is making energy management in commercial buildings more efficient and cost-effective."
Solution
"EcoSync provides a solution that enables building managers to control room heating individually, considering different occupancy levels and needs, and allows users to adjust temperatures via QR codes."