UK - WHEB Ventures invests in PassivSystems
WHEB Ventures has invested an undisclosed amount into home energy management company PassivSystems.
Established in 2008 and headquartered in the UK, PassivSystems' system monitors and automatically optimises energy consumption in the home including heating, hot water and electrical appliances.
The new funding will be used to establish a major commercial partnership and launch the company's first commercial product in early 2010.
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