Heatio, a cutting-edge cleantech start-up, is thrilled to announce its selection as a participant in the prestigious Baltic Ventures Accelerator 2023. This significant achievement represents a pivotal moment in the company's journey and underscores its commitment to innovation and growth.
The Baltic Ventures Accelerator is the leading early-stage tech accelerator that supports game-changing founding teams who are building the solutions and businesses of tomorrow. Heatio is honoured to be chosen from a competitive pool of more than 200 global applicants to join a cohort of 9 winners including Birl, Cubode, Financielle, DevGPT, Gaia Learning, Hexis, IttyBit and Yuty.
Heatio is driving forward the scale-up of renewable technology and sustainable solutions to reduce homeowner reliance on fossil fuels; to help make homes more efficient, cheaper to run and tackle the energy crisis. The commitment to accelerating cleantech deployment through a new, innovative Home Energy Management System will drive significant impacts in the energy sector, giving people greater and more affordable access to green energy technologies.
The accelerator program, taking place over four months, will provide Heatio with invaluable resources, mentorship, and access to an extensive network of seasoned professionals, investors, and fellow entrepreneurs. Securing a place on this sought-after accelerator, the Heatio team will have the opportunity to fine-tune their business strategies, refine the product offering, and accelerate their growth trajectory. Heatio eagerly anticipates the opportunities and knowledge-sharing that lie ahead during this immersive program.
Heatio's Founders, Thomas Farquhar and Simon Roberts, shared their excitement about the announcement, saying, “We are delighted to have been selected for the Baltic Ventures Accelerator 2023. This program represents a significant milestone for us, and we are eager to collaborate with the outstanding mentors and fellow innovators in the accelerator cohort. We look forward to leveraging this experience to further enhance our products and services for the benefit of our customers.
Throughout the program, Heatio will be working closely with mentors and industry experts to refine its business model, expand its customer base, and secure additional funding to fuel its growth. We believe that this experience will not only contribute to our immediate success but also position us as a leading player in the cleantech industry.”
Claire Lewis, CEO of Baltic Ventures, said: “We are delighted to welcome the exceptional Heatio team to Baltic Ventures’ Accelerator 2023 and are excited to be part of the company’s ambitious scaling and net zero mission as it seeks to address the challenge of the transition of domestic homes to renewable and sustainable technology with its Home Energy Management System.”
Heatio anticipates a Series A round in late 2024 to support the wide-scale commercial rollout of the Home Energy Management System. If you would like to be kept up to date with any future investment opportunities please join our investment panel.
Founded in April 2022, Heatio is at the forefront of British eco-smart technology innovation and smart home energy modelling. With a pioneering approach to renewable energy use in the home, it is leading the charge towards net zero from its innovation centre in the heart of Liverpool. With the development of their Home Energy Management System, Heatio aims to give homeowners a practical way to save money on energy bills while embarking on a personal roadmap to Net Zero.
About Baltic Ventures
Baltic Ventures is a tech accelerator supporting game-changing founders who are building the solutions and businesses of tomorrow. Based in the Baltic Triangle, Baltic Ventures accelerates early-stage tech businesses with global ambition. Through an inclusive space, Baltic Ventures is on a mission to ensure that the Liverpool City Region is a place where the best founders can succeed, and anyone has the opportunity to realise their company's potential.