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myenergi Secures £30 Million Investment to Accelerate Smart Home Energy Transition

ESGmyenergi Secures £30 Million Investment to Accelerate Smart Home Energy Transition

UK-based smart home energy technology startup myenergi has secured a £30 million (USD$37 million) investment from Energy Impact Partners (EIP), a venture capital investor focused on energy transition. Myenergi, founded in 2016, produces smart home energy devices that enhance energy independence and the utilization of self-generated renewable energy.

The company’s product range includes the zappi EV charger, which can charge electric vehicles using power from the grid or home-generated solar PV or wind energy. Other products divert surplus renewable energy to heating systems, offer energy monitoring through wireless sensors, provide a smart home battery solution, and include a centralized app for energy management.

This investment will enable myenergi to expand its product and service offerings, supporting its international growth and its vision of enabling consumers worldwide to transition toward cleaner, renewable energy sources. The funding will also be used for product development and innovation, including grid services such as demand-side response.

Energy Impact Partners’ Nazo Moosa will join myenergi’s board as part of the investment, along with former Tesco CEO Sir Terry Leahy and former Dyson COO Peter Richardson. Myenergi aims to empower consumers to reduce their reliance on fossil fuels and increase their energy independence while contributing to a net-zero future.

By FCCT Editorial Team

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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