WAVE Equity Partners led the Series B round, which will fund international expansion and product development.
"Energy-intensive industries and data centers have a crucial role to play in achieving a lowcarbon economy. Our mission is for QiO to be the partner of choice for businesses that want to take decisive action today to accelerate their progress to net zero. With our proven technology, demonstrable track record of delivering energy and GHG emissions savings, and this Series B funding, QiO is well-placed to support energy intensive businesses as they come under greater scrutiny from customers, investors, regulators and governments to deliver on net zero targets."
The London based sustainability consultancy has secured £2.1m in new funding to support its growth across key global markets.
"I look forward to working with our new investors and unlocking value through the synergies afforded to Minviro as a result of their industry relationships. The need for understanding and managing impact is greater than it has ever been. This investment takes us a big step closer to our vision of a world where all ingredients of modern technology are produced with consideration and minimal effects on the environment."
The funding round was supported by Oxford Innovation EIS Growth Fund and OION Angels.
"This new funding allows EcoSync to make significant progress towards the next milestones in its development strategy, giving us the opportunity to expand into other sectors and accelerate growth. Without the support of our new, and existing, investors we would not have been able to make such compelling advancements and take our solution to market, where it can have a real impact in driving a transition towards net zero carbon."
