13th January 2020
- 0 comments
Mixergy, the award-winning Oxford University cleantech spin-out company, has raised £3.6m in Series A financing to fuel its next stage of growth in developing innovative and efficient hot water tanks to help decarbonise households and reduce consumer energy usage.
This new phase of investment from Foresight Williams Technology (FWT), Oxford Sciences Innovation and IP Group, builds on a previous investment with Centrica and will further position Mixergy as the leader in the development of residential smart hot water tanks. Powered by cutting-edge machine learning and engineering, the tanks can save up to 20% on hot water bills, provide up to 30% more usable hot water, and deliver hot water up to five times faster.
...In order to read the full story we need you to be registered with us, please click the links below to login or register.