Shared 20 May, 2026
AirEx Technologies has raised a total of £2.1 million as part of a funding round supported by the Innovate UK Investor Partnerships Programme (IPP). This funding will enable the company to accelerate the large-scale deployment of its solutions and support the development of new products, advancing its mission to combat climate change and alleviate fuel poverty.
The investment round was supported by all of AirEx’s shareholders, including Barclays Climate Ventures, Green Angel Ventures, Bayes Entrepreneurship Fund, One Planet Capital, Nesta, and Sustainable Ventures. AirEx also welcomed Vectr7 Investment Partners LLP as a new investor to the company.
AirEx has already established strong commercial partnerships with dozens of housing providers and Tier 1 contractors, including Warmworks, Peabody, and Together Housing Group. The funding will also support expansion into new partnerships and broader market rollout.
Joe McMullen, COO of AirEx, said, “This funding allows us to move faster with our growth plans and support the development of new products. Our goal is to provide a simple solution for landlords and homeowners to reduce energy use. We are pleased to have the continued support of our investors as we work to make homes warmer and healthier for residents.”
Agnes Czako, CEO of AirEx, said, “Our £2.1 million raise comes at a pivotal moment, as the government’s Warm Homes Plan unlocks billions in retrofit funding and sets a clear pathway to upgrade up to 50,000 homes per year through social housing alone. This alignment along with the funding gives us a significant opportunity to scale commercially, working with local authorities and landlords to deliver faster, lower-cost energy efficiency improvements at national scale.”
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