- Scottish clean tech company, Heero Technologies, secures additional £230,000 funding from TRICAPITAL and Scottish Enterprise
- Focus on improving energy efficiency of 19 million UK homes crucial for meeting net zero targets
- Heero Technologies’ App addresses challenges in energy retrofit projects, providing solutions for financing, installer selection, and technology choices
- Funding to support Heero Technologies in expanding opportunities across various sectors
- Heero Technologies is a B2B software and data company specializing in seamless installation of energy efficiency and renewable technologies; TRICAPITAL Angels support early-stage Scottish companies through investment and mentorship
Scottish Clean Tech Company Secures Further £230,000 Funding
In the realm of energy efficiency and renewable technologies, Scottish clean tech company, Heero TechnologiesTM, has recently made headlines by securing an additional £230,000 in funding. This boost comes as a significant step forward for the company, propelling their innovative solutions further into the spotlight and underlining the growing importance of clean technology in today’s world.
Heero TechnologiesTM: Pioneering Energy Efficiency Solutions
Heero TechnologiesTM stands out as a B2B software and data company that specializes in delivering agnostic, trusted, and bespoke property information. This unique approach enables the 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 well-established venture-funded global software technology company with a 20-year history of pioneering thermal imaging for building performance analysis.
The company’s flagship product, the Heero Technologies App, addresses key challenges associated with energy retrofit projects. These challenges include the disruption caused by invasive measures, uncertainties related to energy efficiency financing and grants, identifying trusted installers, and offering flexibility and choice in selecting technologies for implementation. Nicola Kennedy, the CEO of Heero TechnologiesTM, emphasized the significance of the recent funding, stating that it will allow the company to further develop opportunities across various sectors, including local authorities, utilities, financial institutions, and retail.
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TRICAPITAL Angels: Supporting Scottish Innovation
The funding injection for Heero TechnologiesTM was made possible through support from TRICAPITAL Angels Limited, a prominent Scottish angel syndicate comprised of entrepreneurs, CEOs, and business leaders who have a track record of founding, funding, and building successful companies. TRICAPITAL works in collaboration with Scottish Enterprise to assist early-stage Scottish companies from their inception through to Series A funding and beyond. Moray Martin, CEO of TRICAPITAL Angels, expressed his enthusiasm for supporting Heero TechnologiesTM at this critical stage of their growth, highlighting the company’s successful progression in meeting key milestones.
Scottish Enterprise: Driving Economic Development
As a key partner in the funding process, Scottish Enterprise played a pivotal role in supporting Heero TechnologiesTM. Scottish Enterprise is Scotland’s national economic development agency and a non-departmental public body of the Scottish Government. The organization is dedicated to empowering businesses to innovate, scale, and transform the Scottish economy by focusing on new market opportunities through strategic investments, innovation initiatives, and international expansion efforts.
The collaboration between Heero TechnologiesTM, TRICAPITAL Angels, and Scottish Enterprise exemplifies the synergy between innovative technology companies, angel investors, and economic development agencies in driving forward the clean tech sector in Scotland. This partnership not only enhances the growth potential of Heero TechnologiesTM but also contributes to the broader goal of advancing sustainable and energy-efficient solutions in the region.
The recent funding secured by Heero TechnologiesTM serves as a testament to the growing momentum of the clean tech industry in Scotland and the collective efforts of key stakeholders in supporting innovative solutions for a more sustainable future. With a continued focus on driving energy efficiency and renewable technologies, companies like Heero TechnologiesTM are poised to make a significant impact in propelling Scotland towards a greener and more sustainable tomorrow.
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