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Centrica

Centrica

Corporate

Centrica plc is an international energy and services company providing energy solutions for homes and businesses.

Portfolio

2

companies


Portfolio companies

Grid Edge

Grid Edge

Artificial intelligence software for commercial building energy management.

V

Verv

Verv builds smart energy hubs and renewable electricity trading platforms.


Recent investments

£2.8M

The funding round was led by Mercia Ventures and will support team expansion and platform development.

"Our mission is to simplify the complex world of energy and building management systems, empowering building operators to reduce carbon emissions and save money. Our focus on tangible results has led to a huge increase in demand from businesses to join the Grid Edge community. This funding will enable us to welcome more businesses on board, accelerating our growth and extending our reach and impact."
— Paul McCorquodale, CEO
Series A
£6.5M

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