UK’s Measurable Energy raises £4M investment for global expansion in clean tech sector
London-based energy startup Measurable Energy has raised £4 million in seed funding to accelerate its global expansion and further develop its AI-powered CleanTech solutions.
The investment round was led by A/O PropTech and saw participation from prominent investors, including Legal & General Capital, Energy Angels, and SFC Capital.
Measurable Energy is a leading provider of AI-powered CleanTech solutions, specializing in building energy optimization and decarbonization. The company's SaaS platform leverages AI and machine learning algorithms to analyze energy consumption patterns, identify inefficiencies, and provide actionable insights to reduce energy usage and carbon emissions.
This latest funding round will enable Measurable Energy to scale its operations, expand its global footprint, and further enhance its AI-powered platform. The company plans to invest in research and development, strengthen its team, and explore strategic partnerships to accelerate its growth.
John Sheldrick, CEO of Measurable Energy, expressed his excitement about the investment and the company's future prospects.
"This investment is a testament to the growing demand for innovative CleanTech solutions that address the urgent need for energy efficiency and decarbonization," he said.
Investors in the round shared their enthusiasm for Measurable Energy's mission and technology.
"Measurable Energy's AI-powered platform has the potential to revolutionize the way we manage energy consumption and reduce our carbon footprint," said Sitar Teli, Partner at A/O PropTech.
Measurable Energy's AI-powered CleanTech solutions have been gaining recognition for their effectiveness in optimizing energy usage and reducing carbon emissions. The company's technology has been deployed in various sectors, including commercial buildings, industrial facilities, and educational institutions, delivering significant energy savings and sustainability benefits.
As global demand for sustainable energy solutions continues to rise, Measurable Energy is well-positioned to capitalize on this market opportunity. The company's innovative AI-powered platform and growing customer base position it as a leader in the CleanTech sector.