Measurable Energy funding news – UK-based Measurable Energy Secures £4 Million in Funding

This funding round was co-led by Vertex Exploratory Fund, which is investing in the UK clean tech sector for the first time, and Clean Growth Fund, which had previously invested in the company earlier this year.

The new investment will support Measurable Energy's global expansion ahead of a larger Series B funding round expected in 2025. Recently, the company also shared findings at Europe’s largest cleantech event in Barcelona.

What Problem is Measurable Energy Solving?

Measurable Energy focuses on smart socket technology that helps reduce electricity costs and carbon emissions in offices. These sockets use AI to detect when devices are not in use and automatically cut power to save energy.

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The company claims its technology can lower energy costs and carbon emissions by up to 50%, helping businesses lessen their environmental impact.

Dan Williams co-founder and CEO of Measurable Energy expressed optimism for the company’s future growth: “This investment reflects the confidence in our proven AI-powered technology which has already made a real impact for businesses across the UK.”

Expansion Plans

The new funds will allow Measurable Energy to explore international markets, especially in South East Asia, the USA, and Europe. This expansion is in response to the growing global demand for energy-saving solutions, as many businesses work to meet sustainability goals. The smart socket technology is especially appealing to commercial real estate, hospitality, and public services like NHS hospitals.

Shang-Wei Chow, Managing Director at Vertex Exploratory Fund, noted the company’s role in the clean tech space: “Measurable Energy stood out as one of the most promising startups in the UK in the climate space, offering a low-touch, intuitive, and compliance-ready solution that effectively reduces power waste.”

Industry Support and Future Prospects

The clean energy sector is growing quickly, with more investments in technologies aimed at cutting carbon emissions. Measurable Energy combines hardware with AI-driven software to tackle the important issue of energy efficiency for businesses.

About Measurable Energy

Measurable Energy’s smart socket technology addresses a critical challenge for businesses seeking to reduce energy waste and carbon emissions. With backing from both established venture capital funds like Vertex Exploratory Fund and clean energy specialists such as Clean Growth Fund, the company is well-positioned to expand its presence globally. "