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15/09/2008
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Green Energy Options, whose energy monitoring and real time display system was featured in the October 2007 edition of Eureka, has received another £250,000 in investment from Thames Valley Investment Network members, as part of an £800,000 funding round.
The company has developed products suitable for schools, homes and the office, and the new funding round will allow the company to invest in its supply chain and further develop routes to market for all its products. It currently employs about 20 people and is planning for launch in early 2009.
CEO Patrick Caiger-Smith said, “We have most of our suppliers in place and will be investing the new funds in securing the final remaining links in the chain as we step up production. We will also continue to secure channels to market, particularly via energy suppliers, housing associations and as an essential element of the forthcoming introduction of “Smart metering” in the UK.”
For more information: www.greenenergyoptions.co.uk and www.tvin.co.uk
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Author
Tom Shelley
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