Tech Company Financing Transactions
Tepeo Funding Round
On 12/14/2022, Tepeo received $12.9 million in Series A funding from BGF Ventures, Bonheur and Clean Growth Fund.
Transaction Overview
Company Name
Announced On
12/14/2022
Transaction Type
Venture Equity
Amount
$12,930,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to to develop its Wokingham head office, growing its production, R&D, assembly and commercial teams, as well as expanding sales across the UK.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
630 Wharfedale Road, Winnersh,
Wokingham, RG41 5TP
UK
Wokingham, RG41 5TP
UK
Phone
Undisclosed
Website
Email Address
Overview
Our vision is to become leaders in low and zero carbon heating solutions - driving the transition to a world where heating is carbon free, low cost and accessible to everyone. We have developed a technology with the power to change the way we heat buildings forever. Our technology will enable the rapid decarbonisation of domestic heating with no additional upfront or running costs to homeowners while supporting the transition to a decentralised, decarbonised and democratised energy system.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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