UK tech startup raises £5m to prevent dangerous mould in social housing

Switchee aims to protect health and cut bills by installing its technology in 1m homes

A British startup which uses technology to prevent renters from living in cold, damp homes has raised fresh funds to expand as landlords belatedly try to tackle outbreaks of mould in crumbling social housing.

Switchee has secured £5m, split equally between an existing investor, Axa IM Alts, and Octopus Ventures, part of the group which includes household gas and electricity supplier Octopus Energy.