Renewabl secures £1.1m in pre seed funding to develop its energy certificate platform
The pre seed round was structured by South Pole, QVentures and Portfolion to prepare for a European rollout.
Renewabl develops a data-driven software platform designed to streamline and verify clean energy procurement for corporate users. The system allows organisations to trace power to its generation source and trade hourly matched renewable certificates.
Renewabl has secured £1.1m in pre seed funding to advance its energy certificate platform. The investment was structured by South Pole, QVentures and Portfolion, alongside participation from Syndicate Room and strategic angels.
The capital will support the ongoing development of the company system as it prepares for a wider European rollout. Renewabl provides organisations with verified, time stamped access to renewable energy certificates from various assets.
The platform addresses growing corporate demand for transparent sustainability reporting and compliance with initiatives such as CDP and RE100.
From the founder
"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."
Juan Pablo Cerda
CEO at Renewabl
Investor perspective
"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."
Harveer Bharaj
Principal, QVentures
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
Renewabl
Renewabl provides a data-driven platform for verifying and trading clean energy procurement.