The Challenge: Slow, Expensive, Disruptive Retrofits
Building energy retrofits are crucial in combating climate change. However, these projects are notorious for being slow, expensive, and disruptive. Traditional retrofit methods often involve painstakingly surveying individual buildings, a process that can take months. Yet, in the face of climate change, with rising global temperatures and increasing energy demands, these retrofits are more urgent than ever.
In just a few months, Mortar IO has secured partnerships with some of the largest property management companies in the UK. Additionally, they have been granted the opportunity to model and simulate over 150,000 buildings for a London borough, a testament to the impact of our technology.
Their preseed fundraise marks the beginning of an exciting chapter for Mortar IO. They are open to speaking with investors who share their vision and passion for sustainable, efficient, and effective building retrofits. With these funds, they aim to expand thgeir engineering team and execute on their pilot projects, propelling them further toward their goal of decarbonising built environment.