Installio, a London-based clear power and warmth pump expertise agency, has secured a £1.5m seed funding to assist its nationwide rollout.
The corporate is partnering with power suppliers and retailers together with E.ON Subsequent, Aira and Good Power alongside contractors, home builders and housing associations to ship large-scale clear power retrofit programmes throughout the nation.
“We’re setting a brand new customary for clear power installs. Warmth pumps are solely nearly as good because the installs behind them, and for too lengthy inconsistent high quality has held again adoption and public sentiment,” mentioned William Hoyer Millar, co-founder and CCO of Installio.
“Our expertise offers installers the instruments to ship high-quality techniques each time – and provides our companions assurance that advanced retrofit work can be completed proper, at scale.”
The seed spherical was led by Verb Ventures.
“The clean-energy transition isn’t nearly introducing new expertise, it’s about offering the operational functionality to ship 1000’s of high-quality installs reliably,” mentioned Alex Chikunov, a accomplice at Verb Ventures.
“Creating the proper juncture between trendy expertise and hands-on experience, we consider Installio is effectively positioned to develop into one of many UK’s main clean-energy supply platforms.”
The corporate additionally counts Lord Martin Callanan, former UK minister for power effectivity and inexperienced finance on the Division for Power Safety and Internet Zero, as a director.
