Tether raised $1.5M in a seed funding round led by Snowball Effect to expand to Australia, the UK and Europe.

Building performance innovator Tether has closed a $1,5m seed funding round through Snowball Effect to expand to Australia, the UK and Europe, as it rapidly approaches the deployment of its 10,000th sensor in buildings throughout New Zealand. Trusted by brands including Westpac, Douglas Pharmaceuticals, BRANZ and Kainga Ora to provide real-time monitoring of their built assets, Tether believes in the power of data to reduce the negative impact buildings have on our health, our pockets and our planet and has its sights set on extending how customers use building data to cut cost and carbon while improving the future of work.