About Renewcast
Renewcast is a company based in Roma (Italy) founded in 2020 by Sibgat Ullah, Ugo Mattoni, and Fabio Nicolo.. Renewcast has raised $3.38 million across 3 funding rounds from investors including Beamline Accelerator, Tech4Planet and 2C Ventures. Renewcast offers products and services including Wind and Solar Power Forecasting and Digital Twin Technology. Renewcast operates in a competitive market with competitors including Reuniwatt, Enfor, SteadySun, Tetraeder Solar and Scan The Sun, among others.
- Headquarter Roma, Italy
- Founders Sibgat Ullah, Ugo Mattoni, Fabio Nicolo
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
- Legal Name Renewcast
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.38 M (USD)
in 3 rounds
-
Latest Funding Round
$1.17 M (USD), Seed
Sep 08, 2025
-
Investors
Beamline Accelerator
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Renewcast
Renewcast offers a comprehensive portfolio of products and services, including Wind and Solar Power Forecasting and Digital Twin Technology. 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.
Delivers accurate predictions for renewable energy generation using AI.
Enables precise forecasting through virtual turbine simulations.
Unlock access to complete
Unlock access to complete
Funding Insights of Renewcast
Renewcast has successfully raised a total of $3.38M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.17 million completed in September 2025. 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 3
- Last Round Seed — $1.2M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Seed - Renewcast | Valuation |
investors |
|
| Sep, 2024 | Amount | Seed - Renewcast | Valuation | Southwestern Power Group | |
| Feb, 2024 | Amount | Debt – Conventional - Renewcast | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renewcast
Renewcast has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Beamline Accelerator, Tech4Planet and 2C Ventures. 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 |
|---|---|---|---|---|
|
Venture capital and fund of funds focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Helen is recognized as a provider of clean energy solutions.
|
Founded Year | Domain | Location | |
|
Multiple sectors are supported by this corporate-backed accelerator.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Renewcast
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Renewcast
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renewcast Comparisons
Competitors of Renewcast
Renewcast 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 Reuniwatt, Enfor, SteadySun, Tetraeder Solar and Scan The Sun, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar photovoltaic power production forecasting is specialized in by Reuniwatt.
|
|
| domain | founded_year | HQ Location |
Renewable energy forecasting solutions are developed for the energy sector.
|
|
| domain | founded_year | HQ Location |
Weather forecasting solutions for solar energy generation are provided.
|
|
| domain | founded_year | HQ Location |
Digital platforms for efficient urban planning and public involvement processes.
|
|
| domain | founded_year | HQ Location |
Mobile software for sun trajectory tracking via geolocation is provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Renewcast
Frequently Asked Questions about Renewcast
When was Renewcast founded?
Renewcast was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Renewcast located?
Renewcast is headquartered in Roma, Italy. It is registered at Roma, Lazio, Italy.
Who is the current CEO of Renewcast?
Fabio Nicolo is the current CEO of Renewcast. They have also founded this company.
Is Renewcast a funded company?
Renewcast is a funded company, having raised a total of $3.38M across 3 funding rounds to date.
What does Renewcast do?
Renewcast, led by Sibgat Ullah as Co-Founder, Ugo Mattoni as Co-Founder, Fabio Nicolo as Co-Founder CEO, specializes in energy tech, renewable energy tech, developing solar energy systems, and solar forecasting. AI and SaaS-driven platform offering solar energy forecasting solutions. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of Renewcast?
What products or services does Renewcast offer?
Renewcast offers Wind and Solar Power Forecasting and Digital Twin Technology.
Who are Renewcast's investors?
Renewcast has 7 investors. Key investors include Beamline Accelerator, Tech4Planet, 2C Ventures, Southwestern Power Group, and CDP Venture Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.