Thursday, February 22, 2024
HomeFunding Godalming, UK-based heata Secures Seed Funding

[Funding alert] Godalming, UK-based heata Secures Seed Funding

Team heata

Mark Boost of Civo and Green Angel Ventures granted seed funding to heata, a cloud computing startup with a carbon footprint reduction focus based in Godalming, UK.

heata was established in 2017 as a British Gas innovation project with the aim of enabling businesses to lower the carbon footprint of their use of cloud computing and assist families in saving money on energy costs.

Read also – [Funding alert] Berlin-based Fintech Startup Upvest has Raises €30 million in Funding

Chris Jordan, Co-Founder and CTO at heata, commented: “At heata we’re reusing energy to help tackle fuel poverty in a cost of living crisis; another key challenge of our time. This enables a step change in sustainable compute with a genuine social impact.”

This round of financing will be used to expand the heata team, raise their profile in the market, create a cloud offering, support in progress network development, and carry out more research, as per reported by

Read also – Italian Aquaponic firm The Circle Raises €2.1M in Funding

Heata started out as a British Gas innovation project. The massive amounts of energy miners were consuming and waste heat they were producing while mining bitcoins at the time were extensively covered in the media.

About heata

In order to support the decarbonization of a quickly expanding industry, heata redesigned the system to work with domestic hot water cylinders where demand is largely constant throughout the year. It also switched from Bitcoin mining to general compute.

Read also – London-based Travel Startup Fly Now Pay Later Secures $180M in Funding

- Advertisement -
- Advertisment -

Most Popular