Climate Connect

London, United Kingdom Founded: 2010 • Age: 16 yrs Acquired By ReNew Power
AI platforms for energy forecasting and decision-making are developed.
Annual revenue $1.1M Latest available
Total funding - 1 rounds
Employees 160 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Climate Connect

Climate Connect is a company based in London (United Kingdom) founded in 2010 was acquired by ReNew Power in June 2020. The company has 160 employees as of April 01, 2024. Climate Connect offers products and services including Enterprise Net-Zero, Carbon Projects, and Clean Energy Trading. Climate Connect operates in a competitive market with competitors including Vaisala, Meteomatics, Enercast, Ex Machina and Vortex, among others.

  • Headquarter London, United Kingdom
  • Employees 160 as on 01 Apr, 2024
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Climate Connect Digital Ltd.
  • Date of Incorporation 25 Apr, 2022
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $1.1 M (USD)
    132.82
    as on Mar 31, 2023
  • Net Profit
    -$5 M (USD)
    -407.58
    as on Mar 31, 2023
  • EBITDA
    -$4.26 M (USD)
    -252.14
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    160

    as on Apr 01, 2024

  • Acquired by
    ReNew Power

    (Jun 04, 2020)

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Products & Services of Climate Connect

Climate Connect offers a comprehensive portfolio of products and services, including Enterprise Net-Zero, Carbon Projects, and Clean Energy Trading.

Primary

Software for managing enterprise net-zero goals.

Tools for tracking and optimizing carbon projects.

Platform for AI-driven clean energy transactions.

Funding Insights of Climate Connect

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2017 Amount Series A - Climate Connect Valuation

investors

Investors in Climate Connect

Climate Connect has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Miller Turner Group and ReNew Power.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Utility-scale wind and solar energy projects are developed and distributed.
Founded Year Domain Location

Investments & Acquisitions by Climate Connect

Investments

Financial Statements - Climate Connect

Climate Connect Comparisons

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Competitors of Climate Connect

Climate Connect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vaisala, Meteomatics, Enercast, Ex Machina and Vortex, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Data management solutions and measurement products are provided by Vaisala.
domain founded_year HQ Location
Weather analytics data solutions are provided using drones.
domain founded_year HQ Location
Specialized forecasting solutions for renewable energy integration are provided.
domain founded_year HQ Location
Forecasting software platform for weather and wind energy is offered.
domain founded_year HQ Location
Wind resource data is provided for global wind farm developments.
domain founded_year HQ Location
High-granularity local weather forecasts are developed for renewable energy sectors.

Latest news on Climate Connect

ReNew Power Acquires Climate Connect
Mmindia6 years ago

Frequently Asked Questions about Climate Connect

Climate Connect was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Climate Connect is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

As of Apr 01, 2024, the latest employee count at Climate Connect is 160.

Annual revenue of Climate Connect is $1.1M as on Mar 31, 2023.

Climate Connect was founded in 2010 in London, United Kingdom. Real-time data and AI-enabled platforms are provided for the energy sector, focusing on forecasting and automated decision-making to manage distributed energy resources. Services include solar and wind power generation forecasting, carbon analytics, grid load forecasting, trading price decisions, energy market modeling, and portfolio management across various resources. Clients such as BSES, SoftBank, and NTPC are supported.

Climate Connect's top competitors include Vaisala, Meteomatics and Ex Machina.

Climate Connect offers Enterprise Net-Zero, Carbon Projects, and Clean Energy Trading.

Climate Connect has 2 investors. Key investors include Miller Turner Group, and ReNew Power.

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