£12.0M
The funding round will support the company transition to a technology licensing model and expand research capabilities.
M
Mixergy
Smart hot water storage and home energy solutions provider.
£24.8MTotal raised
Oxford spin-out developing smart hot water cylinders that connect to the power grid and reduce household energy bills.
Filed accounts
Cash at bank
Members only
Net current assets
Members only
Total assets less current liabilities
Members only
Shareholders' funds
Members only
Current assets
Members only
Employees
Members only
Cash, assets and headcount from Mixergy's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Categories
Founders
PA
Peter Armstrong
CEO
Pete Armstrong
CEO and co-founder
Pete is the chief executive, chief technology officer, and co-founder of Mixergy. He previously worked as a mechanical engineer at QinetiQ and completed a PhD at the University of Oxford.
LinkedIn
Ren Kang
Ren is the founder and head of operations and research at Mixergy. They previously worked as a project engineer at Dill Air Controls Products.
LinkedInInvestors
- £12.0M
- £9.2M
- £3.6M
Funding history
£9.2M
The Oxford spinout secured £9.2m from new and existing backers to scale its smart hot water technology.
£3.6M
The financing round was led by Foresight Williams Technology to support product rollout and grid balancing services.