Strategic advisory and successful £1.3M funding for a smart heating solution startup

Late seed funding and new business models creation to target new market segments

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Intro


| Fundraising

| 3 months

Minibems is a scale-up, providing a smart and digital heating solution that enables savings on heating costs up to 40%. 

As a start-up in the smart heating sector, Minibems was looking to scale their operations with a late seed funding round.

They were also looking for strategic support in creating business models to penetrate new market segments. 

“NovAzure provided a full consultancy service to support our fundraising process and introduced us to sources of capital that aligned with our vision and understood our business.”

How We Helped


Minibems engaged NovAzure to support their late seed fundraising efforts. We worked closely with the team to refine their business plan, pitch materials, and investor communications.

As part of this process, NovAzure introduced Minibems to relevant sources of capital, aligned with the company’s growth objectives and market positioning.

We supported Minibems through the funding campaign, from pitch rehearsals and preparation to stakeholder engagement and due diligence readiness.

In parallel, NovAzure provided interim CFO support and strategic advice to help shape their “Heating as a Service” business model, designed to better serve the retrofit heating market.

We continue to provide introductions to the wider NovAzure ecosystem, including potential customers in the built environment.

The Value We Created


Our investor readiness and strategic support helped Minibems prepare and execute a successful funding campaign. These efforts contributed to the company securing the capital required for its growth journey.

Additionally, our advice on the “Heating as a Service” model enabled Minibems to adapt to post-Covid market dynamics and unlock new commercial opportunities.

Today, NovAzure continues to add value through PR exposure, industry connections, and access to potential sales leads.