Scottish clean tech company secures further £230,000 funding

Watch more of our videos on ShotsTV.com 
and on Freeview 262 or Freely 565
Visit Shots! now
Heero Technologies, the high-growth clean tech software and data company based in Dundee, has secured £230,000 of bridge financing from existing lead investor TRICAPITAL Angels Limited and Scottish Enterprise, ahead of a planned Series A funding round.

For net zero targets to be met, focus must be on improving the energy efficiency of 19 million homes across the UK. The Heero Technologies App directly addresses the challenges often associated with energy retrofit projects, such as the disruption caused by invasive measures, energy efficiency financing and grant uncertainty, identifying trusted installers, as well as allowing flexibility and choice over technologies to implement.

Nicola Kennedy, CEO of Heero TechnologiesTM, said: “We are delighted to have finalised additional funding from TRICAPITAL and Scottish Enterprise. The investment is further endorsement of the App and the value it brings in the energy efficiency space, simplifying the retrofit journey for homeowners and householders, while streamlining the user experience.”

Hide Ad
Hide Ad

“The funds will allow us to continue developing opportunities across different sectors, including local authorities, utilities, financial institutions and retail, amongst others.”

Image: Nicola Kennedy, CEO Heero Technologies.Image: Nicola Kennedy, CEO Heero Technologies.
Image: Nicola Kennedy, CEO Heero Technologies.

Moray Martin, TRICAPITAL Angel’s CEO said: “Heero has hit all of its proof points and we are delighted to be able to support them as they plot a pathway through this critical stage in their lifecycle.

About Heero TechnologiesTM

Heero TechnologiesTM is a B2B software and data company which delivers agnostic, trusted, and bespoke property information that enables seamless end-to-end installation of energy efficiency and renewable technologies in privately owned properties. Launched in 2022, the company is a spinout of IRT Surveys, a 20-year-old venture-funded global software technology company that has pioneered the use of thermal imaging to understand and communicate building performance.

About TRICAPITAL Angels

TRICAPITAL Angels Limited is a leading Scottish angel syndicate of like-minded entrepreneurs, CEOs and business leaders who have themselves founded, funded and built successful companies. TRICAPITAL works in partnership with Scottish Enterprise to support early-stage Scottish companies from start up through to Series A and beyond. For more information, visit: www.tricapital.co.uk

About Scottish Enterprise

Hide Ad
Hide Ad

Scottish Enterprise (SE) is Scotland’s national economic development agency and a non-departmental public body of the Scottish Government. It supports businesses to innovate and scale to transform the Scottish economy by focusing on new market opportunities through targeted investment, innovation, and internationalisation.

https://www.scottish-enterprise.com/

News you can trust since 1873
Follow us
©National World Publishing Ltd. All rights reserved.Cookie SettingsTerms and ConditionsPrivacy notice