Limejump raises £1.4m from JamJar Investments, Passion Capital, and Angel CoFund to develop energy technology.
The funding will support research and development, customer acquisition, and software improvements.
Limejump is a tech-driven energy supplier that uses real-time data to help companies optimise their electricity supplies through demand-side response programmes.
Limejump has secured £1.4m in funding from JamJar Investments, Passion Capital, and the Angel CoFund to support its growth in the energy sector.
The company, which has grown to 15 staff since its founding 18 months ago, applies real-time data to help businesses participate in demand-side response programmes and manage power consumption more efficiently.
The fresh capital will be directed towards research and development, customer acquisition, and software enhancements.
From the founder
"All of us at Limejump are extremely grateful for the validation from this funding. As we continue to expand and accelerate our momentum, we look forward to workmen with and garnering insights form our esteemed investors Angel CoFund, JamJar and Passion."
Erik Nygard
Co-founder at Limejump
Investor perspective
"Limejump occupies an exciting space in a market where the opportunity and challenge of distributed power generation meets the global need for more efficient energy consumption."
Tim Mills
Investment Director, Angel CoFund
Use of funds
- 01Fund research and development
- 02Continue product development
- 03Accelerate go-to-market
