Measurable.energy secures £4m to drive global expansion

UK clean tech company Measurable.energy has closed a £4 million seed funding round led by sustainability-focused VC, ETF Partners.

The funding will be used to accelerate the company's global expansion and further develop its AI-powered SaaS platform, which helps businesses to track, measure and reduce their energy consumption.

Measurable.energy's platform uses a combination of AI, machine learning and IoT sensors to provide businesses with real-time insights into their energy usage.

This data can then be used to identify areas where energy can be saved, and to implement measures to reduce consumption.

The company's platform is already being used by a number of large businesses, including BT, Sky and Unilever.

Measurable.energy was founded in 2016 by Robert Cheesewright and Will Flint.

The company is headquartered in London, and has offices in New York and San Francisco.

Cheesewright said that the funding will allow Measurable.energy to "accelerate our global expansion and further develop our AI-powered SaaS platform."

"We are seeing a growing demand for our technology from businesses of all sizes, and this funding will allow us to meet that demand," he said.

ETF Partners is a sustainability-focused VC that invests in companies that are developing solutions to the world's most pressing environmental challenges.

The firm has invested in a number of clean tech companies, including sonnen, Lime and ChargePoint.

ETF Partners' investment in Measurable.energy is a sign of the growing interest in clean tech companies.

As businesses become more aware of the need to reduce their environmental impact, they are increasingly looking for ways to do so.

Measurable.energy's platform provides businesses with the tools they need to track, measure and reduce their energy consumption.

This can help businesses to save money, reduce their environmental impact, and meet their sustainability goals.