NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF), has invested GBP580,000 in Cheshire based Intelligent Building Group (IBG).
The funding will enable the business to invest in sales and marketing as well as expand the team across a number of departments, including operations, installations and commissioning, creating new jobs in the region.
IBG has developed a suite of smart hardware and software products that capture energy usage data and reduce energy consumption for commercial, industrial and residential developments, by installing effective tamperproof controls.
IBG’s software can show and accurately predict energy usage, building by building or across the whole portfolio, giving property owners and managers the information to source and control energy in a very efficient way, thereby reducing costs.
