Heero Technologies, yatogel a high-growth clean tech software and data company based in Dundee, has secured a six-figure investment from The TRICAPITAL Syndicate LLP, Scottish Enterprise and Mint Ventures to further develop its innovative energy efficiency App.

Although most homeowners are aware of the financial, yatogel environmental and lifestyle benefits of energy-saving technologies, many fail to implement these measures.

Approximately 19 million homes will require energy efficiency improvements before 2035 to ensure the UK is on track to meet its CCC 2050 net zero ambition and an 80% reduction in greenhouse gas emissions by 2050.

The residential sector is a key component of the government’s mission to lower carbon emissions – in 2021, yatogel it accounted for 19.9% of all carbon dioxide emissions in the UK.

The UK’s private rented sector is dominated by ageing and very energy inefficient housing stock – at 6.3% it has the largest proportion of F and G rated properties.

Ofgem has confirmed that the regulatory price cap for electricity and natural gas, which rose to £1,971 on 1 April, will soar to an average of £2,800 a year per household in October.

As the regulatory price cap for electricity and natural gas rose by 54% on 1 April, British households are in the grip of an energy price emergency.