Wondrwall Group, a smart home tech company, has established a collaboration with InfraRed Capital Partners to attain an initial investment programme of over £100 million. InfraRed, a global infrastructure investment manager, has around $14 billion in equity under management. Its investment will enable Wondrwall to expand its operations globally and develop over 100,000 Net-Zero energy homes.
Since 2018, Wondrwall’s AI-based home energy management system has been helping to create sustainable homes by dynamically adapting to several factors. This technology has been garnering interest from many of the UK’s prominent housebuilders and is capable of transforming the landscape of sustainable home construction.
Daniel Burton, the CEO and founder of Wondrwall, expressed his excitement about the collaboration, which he believes will help the company provide intelligent Net Zero living to all. Wondrwall’s technology plays a crucial role in reducing energy consumption, which is essential to achieve the UK’s Net-Zero transition. By leveraging the harmony between energy generation, storage, and demand, Wondrwall’s solution reduces carbon emissions to mitigate climate change and reduces energy bills, making it affordable for all.
InfraRed’s commitment to sustainable infrastructure solutions that address the current cost of living crisis is evident through its investment in Wondrwall. Stephane Kofman, InfraRed’s partner and head of capital gain funds, acknowledges Wondrwall’s position at the forefront of the energy transition, supporting sustainable futures.
Wondrwall’s investment programme is a significant milestone that enables the company to meet the evolving needs of housebuilders on their ESG journey and homeowners grappling with escalating energy costs. Its unique ability to manage energy consumption, support grid decarbonisation, reduce energy bills, all within current budgetary constraints is unmatched.