Heatio, a Liverpool-based cleantech startup, has been named Equity-Backed StartUp of the Year.
Founded in 2022 by Simon Roberts and Thomas Farquhar, Heatio received the award at the UK finals of the StartUp Awards 2024.
Heatio aims to make the transition to low-carbon technology more accessible through its smart home energy platform, which gives users real-time energy insights to optimise their smart home technology. Using AI and machine learning, it will manage technologies such as solar panels, heat pumps, EV chargers, and batteries, to help users save money, and reduce reliance on the grid and their impact on the environment.
The company was named Equity-Backed StartUp of the Year at the North West regional awards earlier this year. The category recognises businesses that illustrate that strategic partnerships and substantial funding are key ingredients for entrepreneurial success, enabling them to grow and make a significant impact.
Simon Roberts, Chief Executive of Heatio, said:
"We are delighted to receive this national recognition amongst some other fantastic, pioneering businesses. The award is a testament to the dedication and hard work of the whole Heatio team who are passionate about improving accessibility and incentivising the adoption of low-carbon technology in UK homes. We would like to extend our sincere thanks to our investors who continue to show us unwavering support and confidence.”
Earlier this year, Heatio successfully secured £2 million in investment, through an oversubscribed investment round, which was supported by Brabners LLP, and led by Ascension, with support from a number of co-investors, including Conduit Connect, The Syndicate Room, Baltic Ventures, LYVA Labs, and deep tech investor Neil Norman.
The UK StartUp Awards, supported by national banking partner Starling Bank offer a chance for businesses to gain recognition and exposure, build brand visibility, make industry contacts, and network with potential investors, all while celebrating the incredible achievements of start-ups in the early years of their business journey. Following over 1600 entries from ten nations and regions across the UK, thirty five different awards were given out to new businesses at the national final in categories such as Graduate StartUp of the Year, Business to Business Services StartUp of the Year and Social Enterprise StartUp of the Year.
Professor Dylan Jones-Evans, founder of the UK StartUp Awards, praised the winners, noting that this year's national winners not only showcase the best of UK entrepreneurship but also serve as inspiring role models for others considering starting a business. He said:
“We’ve had some fantastic businesses apply this year and the winners at the first-ever UK final represent the ‘best of the best’ entrepreneurial new businesses from all nations and regions. From innovative ventures developing AI, Cleantech, and MedTech to outstanding firms in sectors such as consumer products, fashion and beauty, and tourism and leisure, those that have won this year’s awards demonstrate the incredible entrepreneurial talent that exists across the UK.”
https://heatio.com/