How much did Tepeo raise?

Tepeo raised £10 Million in a Funding Round round on December 15, 2022.

Who invested in Tepeo?

Bonheur And Renewable Environmental Investments Ltd and Clean Growth Fund are named as investors in this round.

Smart Boiler Maker Tepeo Raises £10M

PRIVATEDec 15, 2022

Amount Raised

£10 Million

Round Type

Funding Round

WokinghamEnergyRenewable Energy

Investors

Bonheur And Renewable Environmental Investments LtdClean Growth Fund

Description

Wokingham-based startup Tepeo has scooped £10.4m in a Series A funding round led by BGF for its smart boiler.

Quick answer

Tepeo raised £10 Million in a Funding Round round, dated December 15, 2022. Investors: Bonheur And Renewable Environmental Investments Ltd and Clean Growth Fund. Tepeo is based in Wokingham, England, United Kingdom.

How much did Tepeo raise?: Tepeo raised £10 Million in a Funding Round round on December 15, 2022.
Who invested in Tepeo?: Bonheur And Renewable Environmental Investments Ltd and Clean Growth Fund are named as investors in this round.
What does Tepeo do?: The decarbonisation of heating is one of the major unanswered challenges of the industrial strategy.
Where is Tepeo based and how big is it?: Tepeo is based in Wokingham, England, United Kingdom.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Tepeo that raised within 45 days of this round, from Fundz verified event records.

NanoGraf raised $65M on January 27, 2023.
Fuergy raised $17M (Funding Round) on January 24, 2023.
Eos Energy Enterprises raised $14M on January 19, 2023.
X-energy raised an undisclosed amount (Corporate Round) on January 17, 2023.
Aerones raised $30M (Funding Round) on January 16, 2023.
Polytech raised $146M on January 12, 2023.

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Company Information

Company

Tepeo

Location

Wokingham, England, United Kingdom

About

The decarbonisation of heating is one of the major unanswered challenges of the industrial strategy. Half of all the energy we use in the UK is for heating and it represents 30% of total UK carbon emissions. What’s more, 80% of the energy we use in our homes is for space or water heating and this still comes almost entirely from fossil fuels (gas and oil). tepeo was founded with the vision to develop low cost solutions to the decarbonisation of heat challenge. Our mission is to develop technology which can be the enabler for the migration of all UK homes from gas and oil boilers to zero carbon alternative heating systems without any additional costs to homeowners and while supporting the transition to a decentralised and decarbonised electricity grid. We have a growing cross-functional team of experienced engineers. We're working on it! If you're interested in getting involved, get in touch.

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Tepeo 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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