The Series A round was led by Earthworm with participation from InnoEnergy, Crowdcube, and Centrica to accelerate international expansion and product development.
"At Earthworm we are driven by sustainability and Verv represents a brilliant example of ‘enabling’ technology. Its energy metering, analytics and renewable energy trading platform will help millions to reduce energy consumption, to shift their demand to minimise cost and CO2."
— Will Brocklebank, Head of Projects and Partnerships
Gresham House Ventures has backed the decision-making automation platform to fund ongoing commercial expansion.
"Rainbird is thrilled to introduce Gresham House to how our automation platform paves the way for any organisation to case-effectively synthesize best-practice decision-making and make it available at scale. We believe people are an organisation’s most valuable resource and businesses that combine human expertise with Rainbird will gain a definitive competitive advantage."
The investment round was led by AlbionVC, with participation from Downing Ventures and Unilever Ventures.
"There is an opportunity for brands to transform their customer service by leveraging the power of the crowd. Creating a customer community which engages and rewards customers for helping other customers is the future – it is better, faster and cheaper. However, executing this at scale needs a rare combination of tech savvy and deep domain expertise – which Team Limitless have in spades from the previous business they built. We are proud to support Roger and Megan achieve their exciting vision."
Rosslyn Data Technologies has secured a £1.5m debt facility from Clydesdale Bank to refinance debt from its previous acquisition and support working capital.
"I am delighted that we have been able to replace our existing debt with a facility from Clydesdale Bank, which I believe demonstrates confidence in Rosslyn as a maturing business as it prepares for future growth."