Tewke secures £1.5M to scale AI-powered home energy platform
Tewke, a UK-based innovator in home energy optimization and automation, has successfully secured £1.5 million in its latest funding round. This capital injection, supported by prominent investors including JamJar Investments and Energy Mix Ventures, signifies significant confidence in Tewke's mission to streamline household energy management. The company's focus on developing accessible, AI-powered solutions addresses a growing European demand for smarter, more sustainable living environments. The company's flagship product, "Tap," is engineered in the UK and boasts a unique installation process requiring no rewiring, making it compatible with over 90% of UK homes, including those without a neutral wire. This approach positions Tap as a user-friendly alternative to more complex, installer-dependent smart home systems, offering direct control and energy optimization features. Tewke further enhances its offering with Tewke OS, a proprietary operating system, and in-house developed patented hardware and firmware, underlining a commitment to in-house technological development. This funding will primarily fuel Tewke's go-to-market strategy and bolster its engineering team, with a specific focus on advancing its neuro-symbolic AI systems. These AI capabilities are designed to interpret data from Tap's integrated sensors to analyze household patterns, ultimately aiming to reduce energy consumption and associated costs. By developing advanced AI and next-generation electronics within the UK, Tewke contributes to the growing European drive for digital sovereignty and technological self-sufficiency in key sectors like energy.
Curated and translated by Europe Digital for our multilingual European audience.
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