A recent funding round has seen Tewke raise £2.6m to advance its innovative project in home lighting technology.
- This London-based start-up surpasses its initial funding target, marking a significant milestone in their development journey.
- With the ‘Tap’ light switch, Tewke aims to address substantial energy wastage within UK households.
- The Tap device requires no complex installations, offering convenience and efficiency without smart bulbs.
- The company plans to expand its technological reach with additional resources secured from the funding.
Tewke, a climate technology firm headquartered in London, has successfully raised £2.6m in its recent funding round, exceeding its initial target of £1m. This capital injection is pivotal for the development of their revolutionary product, the Tap light switch, which promises to enhance residential energy efficiency significantly.
Tap stands out for its ease of installation, as it does not require a neutral wire or smart lightbulbs, making it a versatile option for various home setups. By facilitating straightforward integration, Tap aims to minimise the complexity often associated with smart home devices, therefore promoting wider adoption among homeowners.
The company has already garnered recognition by receiving the Red Dot Award for Design Concept, reinforcing its commitment to both functionality and aesthetics. Tewke’s strategic goal is to mitigate the reported £4 billion energy wasted annually in the UK, positioning Tap as a solution towards sustainable living.
Piers Daniell, founder of Tewke, emphasised the dual focus on environmental enhancement and user convenience: “Often energy savings are associated with some kind of compromise, but at Tewke we are building a platform that will elevate people’s homes, making them more environmentally friendly, intuitive and secure.”
The recent funding also includes contributions from UK Innovative funding under the UK Net Zero Pre-Commercialisation Support Fund, boosting the company’s resources to enhance its market proposition, grow its software development team, and advance its neuro-symbolic AI systems for even greater energy optimisation.
Founded in 2020, Tewke’s progressive approach involves developing its technologies internally, including its electronics and the Tewke OS. By focusing on the consumption rather than the generation of energy, Tewke envisions establishing a cornerstone for future smart grids. Their planned exhibition at the CES 2025 in Las Vegas will further showcase their commitment to technological innovation.
Tewke’s successful funding round underscores the potential impact of their Tap light switch in fostering energy-efficient homes.
