RYE raises £867k in pre-seed funding co-led by CapitalT and January Ventures to expand its product range
The pre-seed round was co-led by CapitalT and January Ventures to enable product expansion.
RYE provides an energy intelligence platform that helps multi-site hospitality and retail businesses manage and reduce their power expenditure. Headquartered in London, the company combines on-site data with forecasting models to simplify energy procurement.
London-based energy intelligence platform RYE has secured £867k in pre-seed funding to expand its product range. The investment round was co-led by CapitalT and January Ventures, with participation from Earth and Norrsken Evolve, alongside several angel investors including Tony Hunter, Maex Ament, and Richard Ng.
Launched in March 2025, the company aims to address high energy prices and opaque billing practices for multi-site operators in the hospitality and retail sectors. Its platform combines on-site metrics with bespoke forecasting models to improve demand-side granularity and unlock off-market renewable energy solutions.
The newly acquired capital will be directed towards broadening the firm's product offerings to better serve its growing base of retail and hospitality clients across the UK, where running pilots across more than 30 locations is currently underway.
From the founder
"Volatility in European energy markets is making energy more expensive for users, while decreasing profitability for suppliers. Energy has become a tax, ultimately making small businesses uncompetitive and inefficient. RYE’s mission is to make energy an enabler of growth, instead of a constraint."
Diego Vega
Founder and CEO at RYE
Investor perspective
"What sets RYE apart is how deeply the team understands the realities of the energy market. With experience from Europe’s most exciting energy startups, they are perfectly positioned to make energy procurement simpler, fairer, and more reliable."
Eva de Mol
Founding Partner, CapitalT
Use of funds
- 01Continue product development
