AirEx secures Series A funding from OnePlanetCapital to expand its smart ventilation business.
The investment from the OnePlanetCapital Climate Change EIS Fund will support international expansion and product development.
AirEx designs and manufactures smart ventilation products that reduce heat loss in residential buildings. The company was founded to address climate change and fuel poverty.
AirEx has secured Series A funding from the OnePlanetCapital Climate Change EIS Fund to accelerate its commercial growth. The company plans to use the capital to scale its operations in the UK and overseas markets while continuing product development.
Launched commercially in 2020, AirEx has installed more than 8,000 smart air brick units across the country. Its patented technology aims to lower household energy bills and decrease carbon emissions.
From the founder
"Impact is at the core of what we do at AirEx: to help the decarbonisation of homes and eliminate Fuel Poverty. With the help of this investment and business support we are well positioned to execute our vision – to become a ‘no brainer’ solution for social landlords and homeowners looking to reduce energy consumption in a non-disruptive way. We are truly excited to have the support of such like-minded, mission driven investors."
Agnes Czako
Co-Founder and CEO at AirEx
Use of funds
- 01Expand into international markets
- 02Continue product development
- 03Fund the next phase of growth