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Beams’ $9 million funding round, led by ETF Partners – The Environmental Technologies Fund
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Congratulations to Hayden Wood and the entire Beams team on closing their $9M Series A! We’re proud to have led this round alongside Giant Ventures, firstminute capital, and Borusan Ventures as they transform home renovations through innovative technology 🏡
Beams is tackling a crucial challenge in the UK housing market, where 70% of 28M homes have poor energy ratings. Their platform combines AI-powered design tools, precise cost estimation, and a vetted contractor network to make renovations simpler and more sustainable. Early results are impressive, with projects delivered within 2% of estimates and customers achieving 12% reduction in energy costs.
As our Partner Lucy Rands notes: “Beams has developed a truly innovative approach to sustainable home renovations that could transform the market. Their deep understanding of the key barriers – making green upgrades accessible and transparent for homeowners – is what sets them apart.
We’re thrilled to lead Beams’ Series A funding round and support their ambitious vision. Hayden’s experience as a founder, combined with the immense scale of this opportunity, makes us extremely optimistic about Beams’ future impact.”
We look forward to supporting Beams’ continued growth as they revolutionise the home renovation industry.
Read more HERE.