# Tepeo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tepeo

- Industry: Consumer Products
- Headquarters: UK
- Website: www.tepeo.com
- Total disclosed funding: $13M
- Latest round: Series A (Dec 14, 2022)
- Investors on record: 4

## About

Based in Wokingham, UK, and founded in 2018, Tepeo Ltd operates as a renewable energy company that develops and provides low-cost solutions for zero-carbon alternative heating systems. The company was founded by its CEO Johan du Plessis. In December 2022, Tepeo Ltd. raised GBP 10.5 million in series A funding led by Business Growth Fund, Bonheur, Clean Growth Investment Management, and Renewable Environmental Investments. 

The company uses zero-emission boiler (ZEB) technology and offers home heating solutions. The technology used by the firm replaces gas and oil boiler. ZEB can automatically store the excess electricity produced and help make the electricity grid more resilient and low carbon. It develops low-cost solutions to the decarbonization of heat challenges.

The company plans to use the December 2022 funding to develop its Wokingham office, production, research, and development initiatives, and expand its team and sales.

## Funding rounds

- Series A, Dec 14, 2022, $13M — BGF Investment Management, Clean Growth Investment Management, Renewable Environmental Investments, Bonheur

## Investors

- BGF Investment Management (https://capitalatlas.ai/funds/bgf-investment-management) — Series A
- Clean Growth Investment Management (https://capitalatlas.ai/funds/clean-growth-investment-management) — Series A
- Renewable Environmental Investments — Series A
- Bonheur — Series A