Energy poverty is a widespread problem across Europe. According to the European Union, between 50 and 125 million people are unable to afford proper indoor thermal comfort. Poorly insulated, leaky, energy inefficient buildings require more energy to heat, resulting in higher operational carbon emissions. While new-built homes are constructed to a higher energy efficiency standard, the majority of Europe's buildings were built before the second world war, and therefore are very inefficient to heat.

Retrofit energy efficiency products (such as insulation) are either too expensive with long payback times, which prevents market uptake, or if they are cost-effective, their market is already saturated.

"We would like to see Airex deployed in millions of homes across Europe and beyond in the next decade: lifting millions of people out of fuel poverty and reducing carbon emissions. That's what success means to us".

" If Airex was used everywhere in Europe, it could save 370 million tonnes of CO2 emission!" - Agnes Czako