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€5m fundraising to fuel Swyft Energy expansion

Cork company is looking to international licensing deals for growth of its platform

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'The new funding round will be used to further expand the platform's capabilities in solar PV, as well as introducing electric car chargers and heat pumps to the platform.' Stock photo: PA

'The new funding round will be used to further expand the platform's capabilities in solar PV, as well as introducing electric car chargers and heat pumps to the platform.' Stock photo: PA

'The new funding round will be used to further expand the platform's capabilities in solar PV, as well as introducing electric car chargers and heat pumps to the platform.' Stock photo: PA

Cork-based energy technology firm Swyft Energy has launched a €5m funding round to further develop its online technology platform as the company looks toward international expansion.

The e-commerce platform allows homeowners to specify, order and receive an estimated price online for the installation of energy related products from different suppliers.

Swyft, which continues to develop the services side of its business in the Irish market, has now also entered licensing talks with a number of international energy market players after seeing the platform grow rapidly in Ireland.


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