Menu visibility control



Startup Surgery

Most Recent


Top tech hubs in the South West of England


Smart home security startup Cocoon raises £2.46m on Crowdcube


IP Law: The Startup & Scaleup Guide

Press Releases

Starling Bank unveils beta as it begins roll out to first customers
VentureFounders surpasses £40m funding mark in 2 years of operation
Software testing leader TestPlant appoints Dr. John Bates as CEO

Clean tech startup Switchee closes £605,000 Seed round


Clean tech startup Switchee has raised £605,000 in Seed funding to expand the reach of its smart thermostat technology.

The funding round was led by Mustard Seed Ventures, investment bank ClearlySo; and Ian Nolan, a member of the ClearlySo network a former CIO of the Green Investment Bank.

Switchee also drew support from Wayra UK – part of Telefonica Open Future – and property tech VC fund Pi Labs.

Babel Systems acquired for $20m, Snapchat makes London its non-US home & more in the Week in Tech

Adam Fudakowski, managing director of Switchee, spoke about the raise: “Housing associations are facing revenue cuts combined with increased rent-collection costs and regulatory standards for maintenance, condition and environmental performance of homes. Switchee helps alleviate these burdens by lowering energy bills for residents and reducing service costs for landlords.

“The feedback to date from our pilots with housing associations has been extremely encouraging, from landlords and residents alike. We are focused on a significant summer installation programme into 11 housing associations and, thanks to the overwhelming success of this funding round, we can meet growing demand and substantially upgrade our analytics to deliver an even better return on investment for our clients and lower fuel bills for residents,” added Fudakowski.

Nolan from ClearlySo and Alex Pitt of Mustard Seed will also join the London-based startup’s board.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...

Editor's picks

Bristol - South West of England

Top tech hubs in the South West of England
posted 14 mins ago

Founding Team Cocoon

Smart home security startup Cocoon raises £2.46m on Crowdcube
posted 3 hours ago

IP Law guide featured image (2)

IP Law: The Startup & Scaleup Guide
posted 6 hours ago

social media

ContentCal closes £400,000 Seed, brings total to £580,000
posted 6 hours ago

BGV A16 cohort photo

Tech for good accelerator Bethnal Green Ventures raises £1.3m to invest in startups
posted 7 hours ago

Tech Nation Newcastle

Tech in Newcastle: Tackling the skills and office shortage
posted 8 hours ago