Tech start-up Hero Labs secures £2.5m seed funding

Jul 16, 2019 · uktech.news

Smart valve hub app 2

London tech start-up Hero Labs has announced it has secured £2.5 million in seed funding.

The funding is led by Earthworm Group, an environmental fund manager, with further support from a £300,000 EU innovation grant and private investors. This funding will allow Hero Labs to accelerate development of its first flagship product, Sonic.

Hero Labs was created to helps prevent water leaks in UK properties. It’s product, Sonic, is the UK’s first smart leak defence system. Sonic will not only be able to prevent fresh water from being wasted through leaks, but the app will also help people conserve water by giving them helpful hints and tips about which appliances are using the most water, so they can make greener decisions.

Headquartered in London, Hero Labs was founded in September 2018 and has ambitious plans to install its cutting-edge tech into thousands of properties in the UK in next two years.

Read Complete Article

RT @L_Pbusiness: There’s just 24 hours to go until London is officially named the world’s first #NationalParkCity. We’re celebrating all th…

“It’s very easy to lose your childhood on the streets.” This is exactly why we support organisations across London… https://t.co/06IcaRhXup

RT @JessRobertsOzUK: A (beautifully suited and booted) @AaronBirkby sharing Aussie @catalyst_au lessons from @LDNTechWeek #sclondon #scfemf…

Microsoft launches bug bounty for new Chromium Edge browser, with $30,000 top reward https://t.co/7B6NRgTPlb

@KarenLWilkinson Catch ye then!

More in London