measurable.energy Raises £727,100 Seed Round for Plug-Load Energy Elimination

Reading-based cleantech measurable.energy (legal entity Metng Ltd) has raised a Seed round of £727,100, according to funding data tracked by VeilStrat. The round is dated September 10, 2026.

Who Participated

The available data does not name a lead investor or list participating investors for this round. Those details were not disclosed in the round information and are therefore not reported here.

What measurable.energy Does

Founded in June 2018 by Dan Williams and Josh Eadie, measurable.energy focuses on eliminating wasted plug-load energy in buildings and construction sites.

Its product set combines hardware and software:

Machine-learning-powered smart sockets
Fused spurs
Smart extension leads
A cloud platform that identifies plugged-in appliances, automates control, and reports electricity-bill and carbon savings

The company reports savings of at least 20% on electricity bills and carbon.

Business Model

The company operates a hardware-plus-software-licence model — hardware sales paired with recurring software licensing. That structure gives the business a recurring-revenue component on top of unit sales, a profile that tends to attract acquirers looking for predictable post-close revenue streams.

Funding History

The Seed round follows prior backing, including:

A £4.5M Series A announced in January 2023
A £4M round announced in October 2024

This latest £727,100 Seed round adds to that history. The company targets the UK, US and Singapore markets.

Why the Round Matters

Plug load — the electricity consumed by devices plugged into wall sockets — is often an invisible line item in building energy budgets. measurable.energy's approach is to make that consumption visible and controllable at the socket level, then automate the reduction.

For commercial buildings and construction sites, where plug-in equipment and tools are numerous and usage patterns are irregular, automated socket-level control can address waste that building-management systems typically do not reach.

Acquisition Angle

Cleantech hardware with a software-licence layer and measurable savings claims fits several strategic buyer categories: building-management system vendors, energy-management platforms, facilities-services providers, and ESG-focused consolidators.

The company's stated target markets — UK, US and Singapore — suggest a footprint strategy spanning three distinct regulatory and commercial environments. For an acquirer, that spread can represent either a ready-made international channel or a set of markets still requiring investment, depending on the buyer's existing presence.

What Was Not Disclosed

The available data does not include a named lead investor, a list of participating investors, or a source link for the announcement. Those details were not included in the round information and are therefore not reported here.