Tewke funding news – London-based Tewke has Secured €3.1 Million in Seed Funding

Investor of the round

The funding came from UK and international investors, along with support from the UK Net Zero Pre-Commercialisation Support Fund and the Housing Digital Innovation Award.

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It's product, Tap, will debut at CES 2025 in Las Vegas. Tap is a touchscreen light switch that doesn't require neutral wires or smart bulbs making it easy to install in homes across Europe, the US, and the UK. It’s designed to be an affordable user-friendly solution for controlling energy use and reducing waste.

Piers Daniell, Founder of Tewke said, “Over the last 20 years there has been a shift in attitude towards technology and awareness of energy consumption. There have been small movements towards adopting more energy efficient systems, and smart-home technologies, but there has always been a lack of a fully integrated system that can autonomously automate energy savings, and Tewke is changing that. Often energy savings are associated with some kind of compromise, but at Tewke we are building a platform that will elevate people’s homes, making them more environmentally friendly, intuitive and secure.”

Aim of the company

The company aims to scale its technology to reduce energy waste, with the goal of addressing the 60% of residential energy that is often wasted, according to Tewke’s research.

About Tewke

Tewke is working to create a new era of intelligent energy use, meeting the needs of today’s environmentally conscious population, and ensuring homes are more sustainable and efficient.