POWWR Receives Multi-Million Pound Investment from Five Elms for Expansion and Leadership Change
INDUSTRIAL IOT
Energy software company POWWR has secured a multi-million-pound investment from Five Elms Capital to enhance its technology platform and expand its workforce by 40% within a year. Paul Hodnett has been appointed as the new CEO, succeeding Matt Tormollen. The funding will support product innovation, address rising demand in the UK energy market, and strengthen POWWR's position as a core technology partner.
Feb 5, 2026, 6:09 AM
