Loading...

QVentures invests into Renewabl, climate-tech software company

Investors in this round: QVentures

Renewabl, a London, UK-based climate-tech software company, raised £1.1M in Pre-Seed funding.

The round was structured by South Pole, QVentures and Portfolion with participation from Syndicate Room and a number of strategic angels.

The company intends to use the funds to further develop its hourly-matched renewable energy certificate platform in preparation for European rollout.

Led by CEO Juan Pablo Cerda and CTO Nikolaj Martyniuk, Renewabl will allow companies across the UK and Europe to access hourly-matched certificates directly from hydrogen, hydro, wind and solar assets on a 24/7 hour basis. The product, built using the latest technology and market/industry knowledge, is particularly valuable for organisations looking for a traceable / time-stamped solution to guarantee the origin of their certificates, as well as compliance to initiatives like CDP and RE100.

Today, nearly all of the world’s top 250 companies (G250) report on sustainability and actively seek solutions to reduce their scope 1, 2 and 3 emissions. Renewabl will be a critical tool for companies to reach their sustainability targets and understand the provenance of their energy certificates.

Juan Pablo Cerda, CEO and Founder says:“We are excited to get started and solve a pressing issue around greenwashing and questions that a lot of the corporate sector are asking right now: where do my certificates come from? will they count towards my sustainability targets? are they impactful? can they be matched to my exact consumption? This is why Renewabl was born.”

Harveer Bharaj, Principal at QVentures comments: “As corporate commitment to renewable energy grows and government initiatives like CDP and RE100 take effect, verifying energy origin and timing becomes crucial. Renewabl’s 24/7 energy platform makes this accessible for all, and we’re excited to support Juan Pablo and Nikolaj as they revolutionize energy provenance for companies.”

 


 

About QVentures

Watch a two minute introduction to QVentures here.

QVentures is a Venture Capital firm providing direct investment opportunities and fund management. QVentures sources, screens, and invests in top-tier start-ups from Seed to Series C for their investor base consisting of Family Offices, Institutional Investors, UHNWIs, and Cashed-out Entrepreneurs. QVentures has participated in rounds with an aggregate combined size of over £351m in 115 companies. 

If you are looking to invest in early-stage companies, please Self Certify as an Investor at www.qventures.co/register 

If you are seeking funding, please apply on www.qventures.co/fundraising  

DISCLAIMER 

Capital at Risk. You could potentially lose all of your money in this investment. Returns are not guaranteed. QVentures is targeted at investors who are sufficiently sophisticated, understand these risks and make their own investment decisions. The tax treatment of this business depends on the individual circumstances of each investor and may be subject to change. Investors should seek professional independent advice if they are unsure as to the suitability of any investment for their particular circumstances and needs. Past performance and forecasts are not indicative of future performance. Investors should only invest a proportion of their available investment funds through QVentures as these investments are high risk. QVentures does not make any representation or warranty, expressed or implied, as to the accuracy or completeness of the information contained in this document.

QVentures is a trading name of Quintessentially Ventures Limited, which is an Appointed Representative of Brooklands Fund Management Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 757575). QVentures is not registered with the Securities and Exchange Commission.

Tags:

£1.1m

QVentures invests into Renewabl, climate-tech software company

QVentures invests into Renewabl, climate-tech software company

By QVentures QVentures Profile 05 Jul 2023