11 January 2024

Birmingham startup Furbnow raises £950k to decarbonise homes

Written By FinTech Alliance in Crowd Funding

Birmingham startup Furbnow raises £950k to decarbonise homes

Founded in 2022, Furbnow was launched to reduce the carbon impact of the average household.

In brief:

- Furbnow, a climate tech startup in Birmingham retrofitting homes to reduce carbon emissions, has raised £950,000 in pre-seed funding.

- The startup uses digital twin technology – a virtual replica of a physical environment – to test the impact of various solutions such as solar panels, heat pumps and insulation, on clients’ homes.

- The company has partnered with Birmingham City Council for its ‘Route to Net Zero’ project to improve the energy efficiency of homes in the city that aren’t eligible for grant funding.

What does this mean?

“Everyone deserves a warm, comfortable home without costly bills,” said Furbnow co-founder and CEO Becky Lane. “Sadly, energy efficiency has been the poor relation to the low-carbon technologies that grab headlines. But if your home is cold and draughty, no amount of CO2 savings is going to be better for you.”

Read more here.

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in Crowd Funding

RegTech scale-up Salv raises €3.9mn for UK market expansion

15 December 2023

Salv says it has doubled revenue in 2023 as banks ...

Jenesys AI Raises $1.1mn in Pre-Seed Funding

14 December 2023

Jenesys, a London, UK-based company specializing in B2B invoice management ...

Welsh FinTech obtains £1.5mn seed investment

13 December 2023

FinTech Hope Macy has obtained £1.5m in seed investment from ...

Eurobank takes minority stake in investment app Plum

05 December 2023

Eurobank has invested €10mn (£8.6mn) and taken a minority stake ...

There are no Knowledge Bank in this category

There are no Events in this category