Ovon Home
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Ovon Home was a Manchester smart-home startup founded in 2018 (co-founder and COO Tom Timothy). It built energy-saving home automation IoT devices: the flagship Ovon heating system, a 5G cellular-enabled boiler controller with remote diagnostics and predictive maintenance, and a smart radiator valve system for room-by-room control claiming up to 30% energy savings, with a patent-pending energy-recovery system so valves never need battery replacement. It raised a £33K seed round from Innovate UK in September 2021 (six investors including Horizon 2020).
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Ovon Home was founded in Manchester in 2018 to build stylish home-automation IoT devices that save energy and improve comfort.
- Seed round
Ovon Home raised a £33K seed round from Innovate UK in September 2021.
- Status
No public record of a shutdown, acquisition or other outcome event was found for Ovon Home.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.