Push to invest in new technologies sees Climote secure €1.5m funding

Derek Roddy, chief executive, and Eamon Conway, managing director, Climote

Company: Climote

Done Deal:€1.5 million investment

The clincher:“Our sales are up 32 per cent in 2018 compared year-on-year with the same period in 2017” - Eamon Conway, managing director

Home heating control company Climote has secured funding of €1.5 million ahead of plans to invest in new technologies, including smart grid services and electric vehicle (EV) charging.

Climote raised the funding from existing investors. The company, which is backed by former SSE chief ...