04 Oct 2016

Switchee smart thermostat banks seed funding

Company secures over £600,000 in funding to support development of smart technology that’s capable of detecting occupancy and has humidity, pressure and light sensors.
The London-based start-up behind a pioneering smart thermostat for large social landlords has raised £605,000 in seed funding to help support its expansion plans.
Clean tech firm Switchee announced on Monday it had topped its £550,000 fund-raising target, thanks to funding from a range of investors including impact investment firm Mustard Seed Ventures, impact investment bank ClearlySo, and Ian Nolan, former chief investment officer of the Green Investment Bank and 3i Group.
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