4 years ago
Smart Home Heating Startup Boxt Secures £20 Million to Fuel UK Expansion
UK-based smart home heating startup Boxt has raised £20 million in a Series A funding round led by Brookfield
The company plans to use the funds to expand its services in the UK and offer fuel-saving technologies such as electric vehicle charging, hydrogen-powered boilers, and heat pumps
Boxt aims to capitalize on the UK's initiative to phase out gas boilers and replace them with low-carbon alternatives.
ProblemTechnology
"Installing and managing home heating and energy solutions like boilers, EV chargers, and heat pumps is often a complex and time-consuming process for homeowners."
Solution
"Boxt provides an easy-to-use online platform for homeowners to purchase and schedule the installation of home heating and energy solutions, offering a streamlined and efficient alternative to traditional methods."