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Thermify

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A new kind of data-centre that directly warms homes, replacing your gas boiler.

113%
 - 
Funded 16 Jun 2026
£400,000 target
£456,490 from 250 investors
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Business overview

Location Cowbridge, United Kingdom
Social media
Website thermify.cloud
Sectors SaaS/PaaS Mixed Digital/Non-Digital Mixed B2B/B2C
Company number 12964264
Incorporation date 21 Oct 2020
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Investment summary

Type Equity
Valuation (pre-money) £15.1M
Equity offered 2.92%
UK tax relief

EIS

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Business highlights

  • The only smart green cloud, using energy twice*
  • Electrifying home heat via localised data centre
  • Thermify’s mission is to eliminate fuel poverty
  • 70% lower-carbon compute | 54% lower-cost heating
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Key features

  • Secondary Market
  • Nominee investment min. £20.00 +
  • Direct investment min. £20,000.00 +

Pitch

About the Campaign

What if a data-centre could directly provide heat & hot water for homes instead of expelling waste heat into the atmosphere? Thermify does just that. Our HeatHub sits in your home running cloud compute work, and capturing the waste heat for domestic heating. Smart, green. Using energy twice (*The only full boiler replacement for heating the home using internet-connected computers to provide on-demand heat, backed by patents).

Market Opportunity

Cloud computing is a vast and fast-growing market, worth £35bn in the UK in 2025 and projected to reach £452bn by 2032. Thermify targets this demand with a decentralised cloud network that cuts emissions by 70% with no offsets, while also delivering materially lower-cost heating in the home.

Traction & Key Accomplishments

Thermify has moved from concept to live deployment. HeatHub technology is now heating a home in Essex while processing cloud compute jobs. The SHIELD project this installation is part of contracts £2.5m revenue tied to 100 HeatHub installations over 3 years. Thermify also has an installation agreed with Historic Environment Scotland, giving visibility across Scotland’s 32 councils. V2 - designed to fit under-counter - is actively being developed, with target deployment in early 2027.

Use of Funds

The raise will grow the cloud team, expand marketing resources, and build out Thermify’s production and assembly capability in Wales. It will fund facilities, tooling and initial unit build costs to support scale-up toward producing 2,000 HeatHubs per year, and accelerate commercial rollout.

Investor Perks

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Key Information

Key information investment sheet

Key Investment Information Sheet is available by downloading the following documents:

Material Debt

The Company has the following outstanding loans:

1. £12,674.15 Founder loan with no interest rate and no repayment date. This loan is to be repaid when the company is in a sufficient cash position to do so.

The funds raised as part of this round will not be used to repay these loans.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Thermify has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 21 April 2026 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £15,088,790

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Republic Europe.

Pitch type

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Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Republic Europe campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

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Nominee investment

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Custodian

If you invest in this Campaign, Republic Europe will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Republic Europe will not benefit from any rights under a shareholder agreement. As a result, Republic Europe will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

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Secondary market

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Direct investment

If available, this is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

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Payment options

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Business Involvement

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Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

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