Heata Secures £1m Seed Funding to Reduce Carbon Footprint
Heata, a Godalming, UK-based cloud computing startup, has successfully closed a £1m seed funding round aimed at reducing carbon footprint. The funding round was led by Mark Boost of Civo, with additional contributions from Green Angel Syndicate and other angel investors. Notably, British Gas continues to retain its stake in the business. With the newly acquired funds, heata plans to further develop its low carbon cloud compute network. Additionally, the company aims to expand its team through new hires in sales, marketing, design, and IT.
Founded in 2017 by Chris Jordan, Chief Technology Officer, and Michael Paisley, Chief Creative Officer, heata originally started as an innovation project under British Gas.
Its primary goal was to support individuals and households living in fuel poverty. One of the main features of heata's platform is its ability to enable cloud customers, particularly companies with significant cloud compute requirements like 3D animation and visualization studios, to effectively reduce their compute carbon footprint. This environmentally-friendly approach not only benefits the planet but also supports struggling households in the midst of a cost of living crisis.
The successful seed funding round not only validates heata's mission but also signifies investor confidence in the startup's potential to make a significant impact in reducing carbon emissions within the cloud computing industry. With the infusion of funds, heata is well-positioned to make further advancements in their technologies and services, ensuring a sustainable future for both cloud customers and households facing financial hardships. The addition of new hires in various departments will also contribute to the company's growth and market expansion, solidifying its position as a key player in the low carbon cloud computing sector.
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