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Glowb secures £1.2 million to make light work of solar for UK homeowners

An illustration of a family consisting of a mum, dad, two young children, and a dog sitting in the living room watching TV. While some outlines are pencil drawn, there are outlines in the illustration that are drawn in Glowb’s branded colours.

Mission-driven VC firm Ada Ventures led a funding round oversubscribed by 80%. Other participants include consumer-focused investment firm Active Partners which has backed brands like Soho House, Finisterre and Leon, as well as Voyagers Climate-Tech Fund and Volta Circle, both early stage sustainability investors. Angel investors include sector leaders in both climate technology and branding.

“This funding round will help make Glowb a household name,” says Sarah Chapman, co-founder and CEO of Glowb. “Installing solar solutions can seem confusing and daunting. Glowb holds homeowners’ hands through the process and allows them to become more energy efficient while protecting the environment at the same time.” 

Although only 4.4% of the UK’s energy comes from solar at the moment, the market is growing rapidly. With a total of 122,000 homes installing solar in 2022 at a cost of £842m, this is forecast to grow to £1.3bn this year.  

However, the scale of the opportunity remains restricted as consumers navigate a complicated category with the potential for poor practices, misleading claims about potential cost savings, product performance and suitability. Glowb is on a mission to bring trust, transparency and simplicity for homeowners, making light work of the whole process for customers. 

Lucy Kirkland, Glowb’s Chief Brand & Marketing Officer says “We have built a brand to win hearts and minds, to help consumers feel supported in a complex market. Our values of trust and transparency are at the heart of our business, governing everything we do and how we show up to our customers.”

“There is potential demand for solar solutions from 13m homeowners in the UK,” says Check Warner from Ada Ventures. “We want to support Glowb’s vision to be the most trusted and people-centred solar brand in the UK. Sarah and her team share our values of diversity and inclusion as well as offering a product and service which will allow homeowners to do their part fighting climate change.” 

Tom Profumo, Partner at Active Partners adds: “While consumers are increasingly looking for ways to transition to cleaner and more self-sufficient home energy management, the current market for solar is poorly served. Glowb is uniquely placed to transform it, demystifying the solar installation process for homeowners with its end-to-end service built on trust and transparency. Having partnered with purpose-driven brands like Finisterre and Code First Girls, we are excited to support Glowb on its mission to become the UK’s leading solar brand.”

 

ENDS

 

Notes to editors

For more information:

Lucy Kirkland (Glowb) lucy.kirkland@glowb.uk 

Diarra Smith (Ada Ventures) diarra@adaventures.com

 

About Glowb

https://glowb.uk/ 

Glowb provides solar energy and battery products and services to homeowners, offering customers an on-site survey, solar design and quote, as well as accredited installation. Glowb was founded in 2022 by Sarah Chapman who founded and sold Faro Energy, a leading commercial solar business in Brazil, and Colin Fraser, a banker with over 30 years’ experience in banking and managing financial risk.

 

About Ada Ventures

https://www.adaventures.com/ 

Ada Ventures is the inclusive early-stage fund that supports founders with breakthrough ideas for the hardest problems we face, typically with a first investment of £500K to £1 million. Ada Ventures invests at pre-seed and seed across climate, economic empowerment and healthcare & ageing. Ada Ventures’ mission is to make venture capital accessible to the best entrepreneurial talent in the UK and aims to have the most diverse pipeline, and portfolio, of any fund in Europe. The fund was co-founded by Check Warner MBE and Matt Penneycard, who are equal partners, and have over 20 years combined experience in venture capital investing. 

Overall, Ada Ventures Fund I has invested in 28 companies, including Huboo, SideQuest, Oxford Medical Products, Organise and Spill.

 

About Active Partners

https://active.partners/ 

Active Partners is a consumer-focused investment firm that backs and builds the iconic brands of tomorrow, partnering with visionary founders through all stages of growth. Founded in 2004, Active Partners has invested in world-class businesses such as Rapha, Honest Burgers, LEON, Secret Cinema, Soho House, Finisterre, The Fold, Northern Monk and Code First Girls.

 

About VOYAGERS

https://voyagers.io/ 

VOYAGERS brings together mission-driven people to accelerate positive impact. The Climate-Tech Fund is a community-based fund backing early stage startups in the climate tech space.

 

About Volta Circle

https://voltacircle.com/

Volta Circle is an early stage investor, backing companies which radically disrupt the most polluting industries and create a better planet.

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    5/5

    “Glowb have been great and we are delighted with the finished product. The whole team (all the trades people) have been super helpful and friendly. They have also built a plan and design to suit our house which most solar companies won’t do. We are delighted with the end product”.

    Jeremy, London

    5/5

    “An amazing solar installation company. We were absolutely delighted by our whole experience with Glowb. We had received a number of other quotations from other suppliers but Glowb stood out. We are now producing an enormous amount of energy and pretty much self-sufficient most of the time. The whole system seems to be working even better than we had hoped. We would highly recommend anybody considering a solar installation to contact Glowb”.

    Clive, Staffordshire

    5/5

    “Glowb designed a solution for our home and usage that seemed more carefully thought out than other companies we got quotes from. The team were friendly and courteous and kept us in the loop, and we always felt that the guys on-site and those back at base were all determined to deliver the best outcome. It wasn’t the simplest installation, but everybody’s attitude, professionalism and expertise made it as stress-free for us as it could possibly have been”.

    Joel, Bedfordshire

    5/5

    “Glowb have been great and we are delighted with the finished product. The whole team (all the trades people) have been super helpful and friendly. They have also built a plan and design to suit our house which most solar companies won’t do. We are delighted with the end product”.

    5/5

    “An amazing solar installation company. We were absolutely delighted by our whole experience with Glowb. We had received a number of other quotations from other suppliers but Glowb stood out. We are now producing an enormous amount of energy and pretty much self-sufficient most of the time. The whole system seems to be working even better than we had hoped. We would highly recommend anybody considering a solar installation to contact Glowb”.

    5/5

    “Glowb designed a solution for our home and usage that seemed more carefully thought out than other companies we got quotes from. The team were friendly and courteous and kept us in the loop, and we always felt that the guys on-site and those back at base were all determined to deliver the best outcome. It wasn’t the simplest installation, but everybody’s attitude, professionalism and expertise made it as stress-free for us as it could possibly have been”.

    Jeremy, London

    Clive, Staffordshire

    Joel, Bedfordshire