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Ravenwits

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Offering wind and solar production forecasts, to implement these predictions in clients' daily operations and management tools.

Madrid, SpainFounded 2022Energy
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ravenwits and the history behind them.

About Ravenwits

Ravenwits, a company established in Madrid, Spain in 2022, operates at the intersection of artificial intelligence and the renewable energy sector. The firm originated as a university spin-off from a five-year collaborative research and development project with Red Eléctrica de España, the Spanish transmission system operator. This project's success in using Deep Learning for renewable energy forecasting was the catalyst for the company's formation. The founders, Ignacio Villanueva and Carlos E Gonzalez Guillen, both mathematicians with academic backgrounds in Machine Learning, transitioned from academia to entrepreneurship to apply these advanced analytical techniques to the electrical sector. Their initial journey involved a steep learning curve, shifting from an academic mindset to a business-oriented approach.

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The core business of Ravenwits is providing a predictive analytics platform powered by AI specifically for the renewable energy industry. The platform applies machine learning to forecast renewable energy production in real-time, helping clients optimize their output. It serves a range of clients including solar farm managers, power grid managers, energy traders, and asset managers. Ravenwits develops customized AI projects for clients, focusing on predictive, logistical, and optimization challenges. The service provides forecasts for how much energy a solar or wind farm will produce in the coming hours and days.

Ravenwits's product leverages state-of-the-art Deep Learning techniques, including convolutional neural networks and transformer architectures, built upon an AWS-based platform for reliability. By combining data from multiple meteorological providers with these advanced models, the company aims to deliver highly accurate forecasts for wind and solar energy generation. The platform is designed to be scalable and adaptable, catering to everything from large-scale solar farms to smaller self-consumption systems and refining energy demand models to account for the growing impact of self-consumption. The company has not yet received external funding.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Madrid, Spain
Employees
8
Open positions
None listed
Dealroom signal
65.3/100
Industry
Energy
Sub-industry
Clean Energy
Sector
Energy, Wind Energy, Solar Energy, Spinout, Sustainable Development Goals, Forecasting Tool, Climate Tech, Energy Trading, Grid Technology, Renewable Energy
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANT✓Other financing May 2026 $275K — CDTI —
GRANTOther financing Jun 2023 $0 — Undisclosed ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Ravenwits website traffic

Latest recorded traffic for Ravenwits is 280 monthly website visits, down 65.4% over the last three months. Ravenwits's team grew 33.3% over the past year.

Latest monthly visits280 3-month web change-65.4% 1-year team growth+33.3%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • CDTI

Other known investors1 additional known investor

  • Technical University of Madrid
Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇪🇸 Spain · Madrid HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ravenwits on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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