myenergi Receives £30M Investment

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.

myenergi, a Grimsby, UK-based smart home energy technology manufacturer, received an investment of £30M. Best wishes to everyone in the group. This will be a huge accomplishment for them in the future.

Shishir Gupta, The Founder & CEO of StartupLanes

About us: StartupLanes is an ecosystem for Startups and Investors. Collaborate or find a co-founder, it’s a platform for Entrepreneurs. We love startups! A place for Angel Investors and Venture Capitalists to find investing opportunities in startups. Validate your idea, Learn & Execute.

Startups looking for funding may apply through StartupLanes Funding Application.

Angel Investors Register Free to explore exciting startup investment opportunities.