SetSquared Bath-affiliate Verv has secured backing from investors including Centrica as it continues the roll-out of its smart energy hub and peer-to-peer trading platform for renewable electricity.

Verv, a UK-based smart energy consumption technology developer and affiliate of the university-backed SetSquared Bath incubator, has received more than £6.5m ($8.3m) in a series A round led by a $6.4m commitment from environment-focused venture fund Earthworm. The round also included EU-backed sustainability accelerator InnoEnergy and energy utility operator Centrica. Founded in 2015 and operating…

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