Energy start-up raises €3.3m from investors
Dubliner Simon Phelan co-founded London-based Hometree, which is aiming to shake up the home boiler market
Hometree,an energy start-up co-founded by Dubliner Simon Phelan, has raised £2.9m (€3.28m) from private investors as it seeks to expand in the smart home space.
TheLondon-based technology start-up received cash from Literacy Capital, chaired by Paul Pindar, the former Capita chief executive and chairman of Purplebricks, an online estate agent.
His £1.5 million investment is relevant as Hometree, which describes itself as a“next-generation energy company” is planning on shaking up the home boiler ...