heata Closes £1M Seed Funding
Summary
The round was led by Mark Boost of Civo, with remaining contributions from Green Angel Syndicate and other angel investors. British Gas retains its stake in the business. The company intends to use the funds to further develop its low carbon cloud compute network, and to propel the team forward with new hires in sales, marketing, design and IT. Founded in 2017 by Chris Jordan, Chief Technology Officer, and Michael Paisley, Chief Creative Officer, as a British Gas innovation project aimed at supporting people living in fuel poverty, heata enables cloud customers – which include companies with heavy cloud compute requirements such as 3D animation and visualisation studios – to reduce their compute carbon footprint and support households who are struggling with their bills in a cost of living crisis.