GRYD Energy raises £1M to roll out zero-cost solar subscriptions nationwide

London -based Gryd Energy has obtained a million pounds from financing to expand the scope of solar energy systems and batteries based on subscriptions throughout the UK.

Among the investors in the Black Seed VC tour, an early -stage box dedicated to black founders, and SFC Capital, a pioneering investor in the early stage in destroyed British companies.

Glyd “Solar-AR-Service” approaches the traditional cost barrier to fixing solar panels by covering all the costs of devices and maintenance for the age of 25 for the system. This means that developers provide up to 10,000 pounds of expenses provided to each house, while homeowners are simply paid a monthly fee of about 65 pounds for property of four beds-a fixed price that includes comprehensive maintenance and insurance.

The subscription also opens the provision of immediate bills for users, helping more families to adopt clean energy technology. Gryd 8.5 million homes in the UK are estimated at solar energy surfaces but cannot afford the initial expenses.

The new GRYD funds will enable the expansion of partnerships with housing developers, registered service providers and local authorities throughout the country. You will also invest on the start -up sales, marketing and additional assignments, as well as exploring the improvements to its programs. Among the other prominent supporters OastHouse Ventures, led by director Simon Turner (now join the Gryd’s Board), and the power storage businessman Richard Thawitz, the founder of Penso Power.

Commenting on the capabilities of the industry, the co -founder and CEO of Gryd Mohamed Javar said: “The power of the pre -seed tour is a welcome start in the next stage of the Gryd Energy trip and we are preparing to expand the scope of solar energy technology and serve us at the country level. We are lucky to support wonderful investors Like Black Seed and SFC who share our urgency to accelerate the transmission of clean energy in the UK. Performing.

While the ministers discuss solutions to increase the absorption of residential solar energy in line with the 2030 UK’s clean energy pledge, the GRYD model provides an effective cost -cost scheme for zero carbon housing. The startup company has already completed a three -home trial project in Cornwal and signed the energy export deal with good energy, which will generate additional revenue flow. The company aims to spread its subscription service to hundreds of real estate in 2025 and targets 30,000 new houses to build over the next three years.

Black Seed VC, Karl Lokko, praised the long term of a newspaper, saying: “Their vision of clean energy that can be reached with the experience, gravel and enthusiasm that is impossible to ignore. We are proud to stand by them while turning ambition into an effect.”

“We are excited to support Gryd Energy while developing a smart solar system to enable home owners to generate and exchange power. The team won their exceptional experience and passion, and we look forward to their support in accelerating the energy transition that affects the need.”