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Measurable Energy raised £4M in an equity crowdfunding round co-led by Vertex Exploratory Fund and Clean Growth Fund to support global expansion in the clean tech sector.

PRIVATEOct 23, 2024

Amount Raised

£4 Million

Round Type

Series B

EnergyRenewable EnergyEnergy Management

Investors

Vertex Exploratory FundClean Growth Fund

Description

Measurable Energy, a UK-based clean tech company, has secured £4 million in funding to accelerate its international growth. The investment will support its expansion into markets like South East Asia, the USA, and Europe, ahead of a larger Series B round expected in 2025.

Quick answer

Measurable Energy raised £4 Million in a Series B round, dated October 23, 2024. Investors: Vertex Exploratory Fund and Clean Growth Fund.

How much did Measurable Energy raise?
Measurable Energy raised £4 Million in a Series B round on October 23, 2024.
Who invested in Measurable Energy?
Vertex Exploratory Fund and Clean Growth Fund are named as investors in this round.
What does Measurable Energy do?
Measurable Energy is a UK-based clean tech company specializing in smart socket technology that reduces electricity costs and carbon emissions in office environments.
Where is Measurable Energy based and how big is it?
Fundz records about 30 employees.
Who are the decision-makers at Measurable Energy?
Fundz holds 1 contact at Measurable Energy. 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 Measurable Energy that raised within 45 days of this round, from Fundz verified event records.

  • Nomos raised $2.1M (Pre-Seed) on October 15, 2024.
  • iRasus Technologies raised $476K (Seed) on October 9, 2024.
  • QUIXOTIC raised $1.4M (Seed) on October 8, 2024.
  • Synergi raised $2.2M (Seed) on October 8, 2024.
  • Beebop.ai raised $5.5M (Seed) on September 12, 2024.
  • GBM Works raised $6.3M (Seed) on December 6, 2024.

Who to call at Measurable Energy, and when

A new round usually means Measurable Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Measurable Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Measurable Energy, from your own LinkedIn network

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Company Information

Company

Measurable Energy

About

Measurable Energy is a UK-based clean tech company specializing in smart socket technology that reduces electricity costs and carbon emissions in office environments. Their AI-powered system automatically identifies and cuts power to inactive devices, preventing energy waste. The company's solutions target sectors such as commercial real estate and public services, showcasing their commitment to enhancing energy efficiency. With a significant increase in revenue and support from notable investors, Measurable Energy is poised for global expansion.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Measurable Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.