Our clients, Renew Risk, have successfully raised £5 million in a funding round led by Molten Ventures, with participation from Lloyd's of London, and existing investor Insurtech Gateway.
This investment will provide a significant boost to Renew Risk's mission to advance the transformation of risk modelling and analytics for renewable energy assets, including offshore wind farms and solar farms.
Renew Risk is dedicated to improving the financial lifecycle of major renewable energy projects, in order to foster a more sustainable future through innovative technology and science-driven solutions.
Mishcon de Reya Partner, Attilio Leccisotti, commented on this hugely successful outcome: "It was fantastic to work with Renew Risk and its founding team on securing this important investment. We believe this will go a long way in supporting the future efficiencies of global renewable energy programmes."
CEO and Co-Founder of Renew Risk, Ashima Gupta, added: "We would like to thank the entire Mishcon de Reya team for their incredible support during this process. They expertly navigated us through the requirements of the various stakeholders and delivered in co-ordinating a smooth and successful transaction."