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.
Read full article here.