Sero secures investment from Innovation Investment Capital to expand its net zero housing services.
Innovation Investment Capital has backed Sero in its latest funding round to accelerate the rollout of energy efficiency solutions for social housing.
Sero is an energy innovation company that helps social housing providers improve home energy performance and lower carbon emissions. The firm combines retrofit expertise with proprietary software to manage energy services at scale.
Cardiff-based energy innovation company Sero has secured funding from Innovation Investment Capital. The fresh capital will enable the business to accelerate the deployment of its energy efficiency solutions and deepen collaborations with social housing providers across the UK. Sero currently works with local councils and housing providers to manage energy and retrofit services for thousands of homes, backed by a significant contracted pipeline.
From the founder
"IIC’s investment is a vote of confidence in Sero’s vision and technology and was driven by a clear alignment between CCR and Sero, which both share the aim of using innovative solutions to drive down bills, cut carbon emissions and deliver better, more comfortable homes for residents. With this support, we will accelerate deployment of our energy-efficiency solutions, deepen partnerships with housing providers and unlock new pathways for sustainable growth."
James Williams
CEO at Sero
Investor perspective
"Sero fits well within the IIC’s investment philosophy, combining sustainable technology, scalable growth potential and a mission-centric business model. We see this investment as a strong strategic and financial fit that contributes to regional development and decarbonisation objectives."
Lynda Stoelker
COO and Chair of the IIC Investment Committee, Capricorn Fund Managers
Use of funds
- 01Continue product development
Investors
Categories
About the company
Sero
Sero provides technology and retrofit services to help social housing landlords deliver net zero homes.