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Renew Risk develops financial and insurance analytics for renewable energy projects.
Founded in 2021 and based in the UK, Renew Risk develops risk models and analytics for financing and insuring renewable energy projects, particularly offshore wind farms. Its tools assess hazards, simulate risks using machine learning, and support credit analysis. In September 2023, the company raised USD GBP 1.7 million in seed funding led by InsurTech Gateway, with OnePlanetCapital and University of Surrey Endowment participating.
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