Wondrwall Group, a leading tech company for net-zero energy homes, has announced a partnership with InfraRed Capital Partners to accelerate the Group’s growth within the new build housing market.
The partnership supports Wondrwall’s goal of unlocking an initial investment programme of over £100million, which it will use to expand its footprint to over 100,000 net-zero energy homes, both in the UK and on the global stage.
Launched in 2018, Wondrwall’s technology offers a fully-integrated, AI-powered, home energy management system (HEMS), capable of adapting to homeowners’ living habits, energy consumption, the thermal performance of the home and external factors like weather forecasts, geo-location and time-of-use tariffs. This innovative approach combines sensory technology with gas-free heating, hot water, solar energy generation, battery storage, EV charging and cloud-based, machine learning.
Wondrwall’s HEMS also identifies the optimum time to buy energy from and sell energy back to the grid for an overall net-zero energy home aim and the potential to deliver negative energy bills. Wondrwall enables UK housebuilders to exceed current Future Homes Standard requirements at a comparable build cost to gas-heated homes. The technology is currently being trialled by a number of the UK’s leading national housebuilders.
Daniel Burton, CEO and founder of the Wondrwall Group, said: “This is a landmark moment for Wondrwall and will help us to accelerate towards our ambition of making intelligent net zero living accessible to all. InfraRed is an exceptional partner for Wondrwall and the investment underlines the importance of our technology in helping to reduce energy consumption of homes and help the UK in transition to net-zero.”
“Put simply, Wondrwall creates the most intelligent homes in Britain. By harmonising energy generation, storage, and demand, our solution reduces carbon to protect the climate and reduces energy bills to protect the consumer.”
“With pledges being made to deliver 1.5 million new homes in the UK over the next 5 years, if just half were installed with Wondrwall technology, the carbon saving would be the equivalent of more than 14 million trees with the potential to absorb 321 million kilograms of CO2 per year.”
“This investment marks a significant milestone for Wondrwall, facilitating rapid upscaling to meet the evolving needs of housebuilders on their ESG journey and homeowners grappling with escalating energy costs. Wondrwall is uniquely positioned to manage energy consumption, supporting grid decarbonisation, reducing energy bills, and maintaining current build costs.”
Stephane Kofman, partner and head of capital gain funds at InfraRed, said: “Wondrwall is a company that stands at the forefront of the energy transition. This partnership demonstrates our ongoing commitment to invest in infrastructure solutions that both support sustainable futures and address the current cost of living crisis.”
