myenergi, a Grimsby, UK-based smart home energy technology manufacturer, received an investment of £30M.
Energy Impact Partners made the investment, which followed on from the £30M debt finance myenergi secured from HSBC. As part of the equity investment, EIP’s Nazo Moosa, Managing Partner, EIP Europe, will join the myenergi board alongside Sir Terry Leahy, former CEO of Tesco and Peter Richardson, former COO of Dyson.
The company intends to use the funds for growth, internationalisation and product development and innovation, including planned growth in grid services – such as demand side response.
Founded in 2016 by Lee Sutton and Jordan Brompton, myenergi manufactures a range of ‘eco-smart’ home energy technologies, including the solar-compatible zappi electric vehicle charge point, the eddi power diverter, and the libbi smart home battery.
FinSMEs
13/10/2023