myenergi Raises £30M Funding

myenergi

myenergi, a Stallingborough, UK-based eco-smart home technology manufacturer, raised £30M in funding.

The funding package was provided by HSBC UK.

The company intends to use the funds to expand its operations, enhance its production capabilities, and invest in R&D.

Founded in 2016 by Lee Sutton and Jordan Brompton, Myenergi offers smart home solutions to reduce carbon emissions and energy consumption. Its flagship products, the zappi electric vehicle charger and eddi solar power diverter, are intelligent electric vehicle chargers and energy monitors that allow users to manage their energy usage and costs.

The company has almost 450 employees, and annual sales last year which reached £50m. Its headquarters in Stallingborough is currently undergoing a major transformation, with a new 65,000 sq. ft. production facility under construction to expand capacity to meet demand.

FinSMEs

14/04/2023