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Insider UK
Insider UK
Business
Peter A Walker

Scottish fintech start-up raises £1.2 million

Scottish fintech start-up Snugg has raised £1.2m in its first seed fundraising round.

The money, from private investors, is being used to accelerate development of a platform for UK homeowners and private landlords to make home energy efficiency improvements simpler and more affordable.

With some of the oldest housing stock in Europe and just over 20% of UK CO2 emissions coming from residential homes, improving the energy efficiency of existing buildings is critical to the UK meeting its net zero targets.

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