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
The home energy start-up surpassed its £500k target with backing from over 500 investors.
"From the funding from BEIS and Innovate, to being shortlisted for the World’s Best Energy Challenger Brand at CHARGE, 2018 was a fantastic year for Igloo, capped off by the success of this Seedrs round."
"This exciting technology could have a major impact throughout the food industry, radically simplifying the way the sector carry out their hygiene processes. We are looking forward to working with Ozo, and scrutinising both the technical performance and energy saving credentials of the technology."
The machine learning start up more than doubled its initial target with backing from 1030 investors.
"We are thrilled to have support from 1030 new crowd investors as we embark on a journey from start-up to scale-up. Since our Crowdcube raise in 2017, we have gained interest worldwide for our smart hub technology and blockchain-based energy trading platform and we are excited to take on new markets and customers with propositions which span energy efficiency, insurance, elderly care and renewables."