Scalar North Capital portfolio company Hometree has announced the successful completion of their Series B fundraise, raising $46m and acquiring BeWarm, a green home improvement financing platform offering green loans, leases and mortgage further advances.
The fundraise was led by specialist energy & sustainability investors 2150 & Energy Impact Partners, alongside Legal & General Capital, Inven Capital, Oxford Capital, FJ Labs and impact fund AENU as well as a number of significant angel investors.
Simon Phelan, Founder and CEO of Hometree, said: “This funding round and acquisition of BeWarm marks a significant new chapter for Hometree, enabling us to deliver on our long-held vision of building the leading residential energy efficiency platform across Europe. The recent energy crisis has shown that we can’t remain reliant on foreign gas to heat and power our homes, and Hometree has a key role to play in helping homeowners transition to a more safe, stable and affordable energy system.”
Read more about Hometree's Series B and BeWarm acquisition here.
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