Tewke secures £1.5 million in second round
Tewke, a London-based company focused on improving how households monitor and manage energy use, has raised £1.5 million in its second funding round, the company said. The fresh capital marks another step for the firm as it looks to scale its product and broaden its reach in the fast-growing home energy management market.
Scaling smart energy tools for the home
The funding is expected to support growth initiatives including product development and operational expansion. Tewke positions its technology as a way for homeowners to gain clearer visibility into consumption patterns and make more informed decisions about energy usage—an area drawing increased attention as consumers face higher utility costs and governments push efficiency and decarbonization measures.
Market tailwinds: costs, efficiency and electrification
Home energy management has become a competitive segment within the broader smart home and clean energy ecosystem. Rising electricity prices, the adoption of heat pumps and electric vehicles, and the growing availability of dynamic tariffs are pushing demand for tools that can optimize when and how power is used. Companies in the space are increasingly building solutions that combine monitoring, automation and analytics to reduce waste and shift consumption to cheaper or cleaner periods.
What’s next
While Tewke did not disclose additional details about investors or valuation in the announcement, the £1.5 million raise underscores continued investor interest in practical, consumer-facing energy technologies. The company’s next milestones are likely to center on accelerating adoption, enhancing features that translate data into actionable recommendations, and expanding partnerships across the home energy ecosystem.
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