Liverpool-based start-up Heatio has secured £2m in funding to expand its groundbreaking home energy management platform, Heatio Flexx. Founded in 2022, Heatio aims to make clean energy more accessible by leveraging AI and machine learning to tailor energy solutions to individual households, thereby improving efficiency and reducing energy costs. The investment, led by venture capital firm Ascension, will be used to expand Heatio’s team, update its smart energy tool, and scale the onboarding process for new customers. Additional investors include Conduit Connect, The Syndicate Room, LYVA Labs, deep tech investor Neil Norman, and Baltic Ventures. Furthermore, Heatio is collaborating with E.ON and Energy Systems Catapult to pilot a renewable technology subscription service called Energy as a Service, which aims to eliminate upfront costs for consumers considering green technologies like heat pumps and solar PV.

Clean Energy, Technology, Venture Capital,United Kingdom

Heatio secures £2m to expand home energy management tool