We are targeting a public raise of at least £500,000, which will enable us to take our exciting new technology through a series of tests and development leading to the start of prototyping. We are raising money at £2 a share, which equates to a valuation of approximately £24 million. So far we have pledged funds of over £400,000. The task is to get these pledged funds into cash and also to attract further funds. We are also happy to announce that we have been awarded a small matching UK Government Innovate grant of £47k to help us build our first domestic heating prototype. Please check our news section for regular progress reports.
The opportunity is there for you to join this round of fundraising privately – which effectively gives you a first bite at this opportunity – or, if you prefer, to wait for the “formal” launch and subscribe through Seedrs (in which case we strongly recommend that you pre‐register with them).
Please let us know as soon as you can, if you wish to invest privately. We have decided to start a crowd‐funding round with Seedrs on the 31st October 2022.
Please contact
chris-key@energynetiq.com if you want more details.
Thank you.
