All Updates

All Updates

icon
Filter
Funding
Hometree raises GBP 250 million in debt financing from Barclays to offer new services
InsurTech: Personal Lines
Jun 14, 2024
Last week:
M&A
Nscale acquires Kontena to enhance HPC and AI infrastructure capabilities
Generative AI Infrastructure
Yesterday
Product updates
Eve Air Mobility unveils unmanned eVTOL prototype
Passenger eVTOL Aircraft
Yesterday
Product updates
Lilium advances POWER-ON, providing solutions with leading digital innovators
Passenger eVTOL Aircraft
Yesterday
Product updates
Together AI unveils new inference stack and endpoints for improved speed and efficiency
Generative AI Infrastructure
Jul 20, 2024
Industry news
New South Korean space agency provides rundown of plans
Space Travel and Exploration Tech
Jul 20, 2024
Product updates
Micron Technology introduces high-performance MRDIMMs to improve bandwidth for AI and HPC applications
Generative AI Infrastructure
Jul 19, 2024
Management news
Bionano Genomics receives Nasdaq non-compliance notice; continues trading efforts
Precision Medicine
Jul 19, 2024
Funding
GRO Biosciences raises USD 60.3 million in Series B funding to advance lead program into clinical trials and expand GRObio pipeline
Precision Medicine
Jul 19, 2024
Management news
Yooz announces new appointments in C-Suite
Business Expense Management
Jul 19, 2024
Regulation/policy
Airwallex secures license to expand retail investment offerings in Australia
FinTech Infrastructure
Jul 19, 2024
InsurTech: Personal Lines

InsurTech: Personal Lines

Jun 14, 2024

Hometree raises GBP 250 million in debt financing from Barclays to offer new services

Funding

  • Hometree, a digital homeowners insurance provider, has raised GBP 250 million (~USD 317.3 million) in debt financing from Barclays. The company's total funds raised now stand at USD 337.2 million.

  • The funds will finance over 28,000 residential renewable energy systems across the UK in the next two years. Hometree aims to make green energy solutions more affordable and accessible for homeowners.

  • Hometree has secured over 100,000 customers and is consolidating the fragmented renewable installation market in the UK. With this financing, Hometree expects to undertake the first UK residential renewables public market transaction within two years and position itself as a market leader in the residential energy services sector by offering zero-deposit leases and loans for solar panels, batteries, and heat pumps.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.