Sunamp is a United Kingdom based startup, established in 2006, offering world-leading thermal storage technologies. The company's patented Phase Change Materials enable space-saving thermal energy storage, making homes and buildings more energy-efficient and sustainable. Sunamp's innovative approach has been successful in transforming energy usage and heating/cooling provision on a global scale. Their thermal batteries can store large amounts of energy from renewable and other sources and provide hot water, cooling, and space heating on demand for various residential and industrial applications. At 29 November 2022, Sunamp secured a significant £9.25M grant investment from Innovate UK, highlighting the recognition and support from notable industry players. Sunamp's product range for the residential market offers a low carbon, reliable, and space-saving alternative to traditional hot water cylinders. The company operates in the energy and renewable energy sectors, catering to the increasing demand for sustainable solutions in these rapidly evolving industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | £9.25M | 1 | UK government | 29 Nov 2022 |
Convertible Note | £6.00M | 1 | 22 Sep 2021 | |
Series A | £4.50M | 2 | Scottish Investment Bank | 10 Aug 2020 |
Series A | £1.40M | 1 | Scottish Investment Bank | 30 Jun 2020 |
Venture Round | £3.11M | 1 | 18 Oct 2019 |
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