BOXT raises £20m from Brookfield Infrastructure to accelerate expansion in the UK heating market

BOXT has raised £20m in fresh funding led by Brookfield Infrastructure to accelerate its expansion across the UK domestic heating market. The capital will support the company in scaling its workforce, expanding its network of engineers, and furthering the development of its technology platform. The investment follows previous backing from engineering giant Bosch as the firm looks to increase its market share and promote low carbon heating solutions.

The Leeds-based technology company has experienced rapid growth since its inception, offering streamlined installation services for boilers and smart home devices. With this new injection of capital, BOXT aims to double its employee count and grow its network of engineers to meet rising consumer demand. The funding also aligns with the business goals of helping households transition to energy-efficient products and supporting national carbon reduction targets.