UK - Bank of Scotland Corporate backs Domia funding round

Existing investors also participated in the financing, which saw the company raise a total of £409,000.

Domia owns the Bye Bye Standbye range of devices, which cut the power to electrical appliances by remote control when not in use. The Carbon Trust estimates that a computer and monitor which runs 24 hours a day can use over £45 of energy a year. Domia believes that its technology could reduce the typical business user's electrical bill by around 10%.

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• Topics
• Early-stage
• UK / Ireland