Renew Risk is dedicated to transforming the insurance and finance lifecycle of renewable energy assets. By leveraging advanced data science and industry expertise, Renew Risk’s software helps developers, insurers, and financiers assess, price, and manage risk for projects like offshore wind farms. Their mission is to make renewable energy more investable by unlocking new liquidity pools and supporting the global energy transition.

Why we’re excited about them

RenewRisk is filling a major market gap. A strong pipeline and high gross-margin software model give confidence in rapid growth.

Molten Ventures Growth Fund First Close

Molten Ventures announces the first close of our Growth Fund at £175 million, including a £75 million cornerstone commitment from the British Business Bank. 

“There is no shortage of exceptional founders or technology businesses in the UK and Europe; what they too often lack is sufficient growth capital to help them become global leaders. This Fund gives Molten greater firepower to back our highest-conviction companies at Series B and beyond, build meaningful ownership positions and channel capital into the next generation of growth.” - 
Ben Wilkinson, CEO of Molten
Read the press release here