Energy Utilisation

1. AG NES CZAKO
Co-founder, Commercial Director

2. The Challenge
Retrofit Market
Air Vents (air bricks)
Opened = 10-15% home heat loss
Blocked = condensation & air
£3k cost to repair damp damage
15.9% UK’s home
Low-cost measures: saturated market
Disruptive measures: stagnant market

3. The Solution
Airex – Smart Ventilation Control
Temperature Humidity Air Quality
Smart Algorithms
automatically regulate the air flow
ENSURES GOOD
AIR QUALITY
IMPROVES
THERMAL
COMFORT
PREVENTS
CONDENSATION

4. Nov 2016
£42k Innovate UK
first prototypes
Feb 2017
patent pending
status
May 2017
Trials savings verified
by Sheffield University
Proven Impact
Milestones achieved up to date
Proven Reductions
50%
Conductive
Heat Loss
15%
Heating
Energy
20%
Reduction in
Air Leakage
Dec 2017
“Cleantech Start-up of the
Year” award at Business
Green TechnologyAwards
Sep 2017
£70k Innovate UK grant +
€50k H2020 grant
Dec 2017
£100k equity
Investment
Nov 2017
First commercial contract
secured (Engie)

5. Holistic approach

6. Market Potential
Business ModelRetrofit Market
Pre 1970s
homes
Social
Landlords
Installers
EU 46.5m
UK 15.8m
UK 2.8m
Social Housing

7. Payback, Scalability
Low
Capex,
attractive
payback
High Capex,
unattractive
payback
Annal fuel
bill savings £
Capital
Costs £
£ Payback
(years)
Market
penetration
Loft insulation £300 £150/yr 2 yrs 90%
Cavity wall
insulation £600 £200/yr 3 yrs
AirEx £350 £120/yr 2-3 yrs 0%
External wall
insulation £15,000 £270/yr 55 yrs 20%
Internal wall
insulation £9,000 £270/yr 33 yrs 10%
Double
glazing £8,000 £120/yr 66 yrs 70%
Traditional floor
insulation £4,000 £200/yr 40 yrs 50%
70%

8. Competition
LowCapex
High Capex
focuson
existinghomes
focus on
newhomes

9. The Team
Core Team
Advisory Board
Andrew Wordsworth
Co- founder, Chairman
15 yrs in new venture
development, securing
£250m equity

10. Projections
Financial Forecasts

11. Investment Plan
£100k Pre-Seed: Q4 2017
Technical development
Pilot trials
Scientific verification
£400k Seed: Q2 2018
Technical development
Sales and marketing
Grow team
£1.5m:
Q2 2019
SERIES A
2019-20
EARLY STAGE
2017-18

12. AGNES CZAKO
Co-founder,Commercial Director
agnes.czako@u-floor .com
www.airex.tech
29 Shand Street, London, SE1 2E S