Hometree raised £50M in a mezzanine facility backed by CPP Investments to finance solar panels, batteries, and heat pumps in 35,000 UK homes.
Amount Raised
£50 Million
Round Type
Venture
LondonEnergyRenewable EnergyInvestors
Description
Hometree, a residential energy services company, secured a £50M mezzanine facility to support its goal of decarbonising over one million homes by 2030. This funding will be used to finance renewable energy installations across the UK, addressing high upfront costs associated with solar panels and heat pumps.
Quick answer
Hometree raised £50 Million in a funding round, dated October 17, 2024. Investors: Barclays and CPP Investments. Hometree is based in London, England, United Kingdom.
- How much did Hometree raise?
- Hometree raised £50 Million in a funding round on October 17, 2024.
- Who invested in Hometree?
- Barclays and CPP Investments are named as investors in this round.
- What does Hometree do?
- The recent energy crisis has shown that we can’t remain reliant on foreign gas to heat and power our homes, and Hometree has a key role to play in helping homeowners transition to a more safe, stable and affordable..
- Where is Hometree based and how big is it?
- Hometree is based in London, England, United Kingdom. Fundz records about 280 employees.
- Who are the decision-makers at Hometree?
- Fundz holds 1 contact at Hometree. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Hometree that raised within 45 days of this round, from Fundz verified event records.
- Satellite Vu raised $25M (Funding Round) on November 29, 2024.
- National Renewable Network raised $4.3M (Pre-Series A) on November 28, 2024.
- Volter raised $3.2M (Pre-Seed) on November 28, 2024.
- Modern Hydrogen raised $25M on November 27, 2024.
- Molyon raised $4.6M (Seed) on November 26, 2024.
- MediSun Energy raised $8.8M (Seed) on November 25, 2024.
Who to call at Hometree, and when
A new round usually means Hometree is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Hometree raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hometree, from your own LinkedIn network
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Fundz sees it the moment Hometree raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Hometree raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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