About Renew Energy
Renew Energy is a company based in Sioux Falls (United States) founded in 2004 was acquired by Takkion in January 2021.. Renew Energy has raised $1.2 million across 1 funding round from investors including TAKKION. Renew Energy offers products and services including Maintenance Services, Operations and Repair, Transportation Solutions, Crane and Rigging, and Electrical Services. Renew Energy operates in a competitive market with competitors including SkySpecs, DNV, Cadeler, Alpiq and UpWind Solutions, among others.
- Headquarter Sioux Falls, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Takkion Operating Llc
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Products & Services of Renew Energy
Renew Energy offers a comprehensive portfolio of products and services, including Maintenance Services, Operations and Repair, Transportation Solutions, Crane and Rigging, and Electrical Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers preventative maintenance for energy assets.
Provides repair services for energy companies globally.
Handles heavy haul and trucking for energy shipments.
Delivers crane services for energy projects.
Supports electrical needs for asset owners.
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Funding Insights of Renew Energy
Renew Energy has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.2M
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First Round
First Round
(11 Aug 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Seed - Renew Energy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renew Energy
Renew Energy has secured backing from 1 investor. Prominent investors backing the company include TAKKION. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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TAKKION is engaged in renewable energy logistics and services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Renew Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Renew Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renew Energy Comparisons
Competitors of Renew Energy
Renew Energy 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 SkySpecs, DNV, Cadeler, Alpiq and UpWind Solutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
UAV solutions for inspecting hard-to-reach structures are provided.
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Offshore classification, training, advisory, and analytics services are provided.
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| domain | founded_year | HQ Location |
Wind operation and maintenance services are provided globally.
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| domain | founded_year | HQ Location |
Energy trading, asset management, and renewable solutions are provided.
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Wind Turbine Operation & Maintenance provider
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Provider of surface protection and industrial services
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renew Energy
Frequently Asked Questions about Renew Energy
When was Renew Energy founded?
Renew Energy was founded in 2004 and raised its 1st funding round 12 years after it was founded.
Where is Renew Energy located?
Renew Energy is headquartered in Sioux Falls, United States. It is registered at Sioux Falls, South Dakota, United States.
Is Renew Energy a funded company?
Renew Energy is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Aug 11, 2016.
What does Renew Energy do?
Renew Energy was established in 2004 in Sioux Falls, United States, within the renewable energy sector. Operations focus on wind energy solutions, including WTG installation, tower cabling and wiring, plant commissioning, scheduled and unscheduled maintenance, EPC, and balance of plant services. Solar plant maintenance and monitoring are also handled, supporting infrastructure in the energy domain.
Who are the top competitors of Renew Energy?
What products or services does Renew Energy offer?
Renew Energy offers Maintenance Services, Operations and Repair, Transportation Solutions, Crane and Rigging, and Electrical Services.
Who are Renew Energy's investors?
Renew Energy has 1 investor. Key investors include TAKKION.