Zeigo completes funding round

Zeigo has closed a £800,000 Seed Funding Round led by Naruhisa Nakagawa, founder of Caygan Capital.

Zeigo is an energy tech platformthat connects corporate energy buyers (private and public sector) with renewable energy generators and suppliers.It allows customers to promptly come to grips with the market and build a business case. The company will use the new capital to scale strategically and develop its tech platform.

The company said that as a tech-driven platform it can be used for corporates to gain visibility on local clean energy markets and connect with generators without the need to be ‘on the ground’.

It also attracted a second round of investment from angel investors including  Green Angel Syndicate, a London syndicate investing in the Green Economy, investment bank ClearlySo, UK online equity investment platform the Syndicate Room and family invesmnet office Earlymarket.

Business partners include Aurora Energy, Cornwall Insight and law firm Bryan Cave Leighton Paisner. Zeigo’s early customers include CBRE and Gatwick Airport.

Further reading

Smart grid platform aims to speed up development with move to ‘open source’

Renewable Exchange proves effective as wind farm operator signs two dozen PPAs

WPD expects first tranche of digital network model to go live in 2020

12 interviews of Christmas: Sarah Merrick, Ripple Energy

OPINION: Use trading platforms to share capacity and flexibility and drive decarbonisation