R
Renewcast
Providing advanced renewable power forecasting solutions using machine learning
About Renewcast
Renewcast is an Italian startup specializing in advanced forecasting services for renewable energy, specifically wind and solar power generation. The company operates in the renewable energy market, providing critical forecasting solutions to energy utilities, grid operators, and energy traders. These clients rely on accurate predictions to optimize their operations, manage risks, and make informed decisions in the energy market.
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Founded by a team of seasoned professionals with backgrounds in international energy utilities, consultancy firms, and IT expertise, Renewcast leverages cutting-edge technologies such as Artificial Intelligence (AI) and Machine Learning (ML). Their primary offering is a Software-as-a-Service (SaaS) platform that delivers short-term and day-ahead forecasts, as well as hourly predictions up to 15 days in advance. This platform helps clients navigate the complexities of renewable energy generation and market variables.
Renewcast's business model is based on a subscription service, where clients pay for access to their forecasting platform. This model ensures a steady revenue stream while providing clients with continuous updates and improvements. The company has also received recognition and support from the Regione Lazio through the Bando Pre Seed award, highlighting its innovative approach and potential impact on the energy sector.
In summary, Renewcast combines technological innovation with deep industry expertise to offer superior forecasting services for the renewable energy market. Their commitment to value-sharing partnerships ensures that clients receive tailored solutions that meet their specific needs.
At a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Rome, Italy
- Employees
- 19
- Open positions
- 1
- Dealroom signal
- 72.6/100
- Industry
- Energy
- Sector
- Energy, Core AI, Sustainable Development Goals, Forecasting Tool, Climate Tech, Energy Trading, Grid Technology, Renewable Energy, AI Applications, slush24
- Technology
- Artificial Intelligence, Machine Learning
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Sep 2025 | $1.1M | $11M | 2C Ventures | ↗ |
| SEED✓Equity / VC | Sep 2024 | $2.2M | $8.8M | CDP Venture Capital · SouthWestern Power Group | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Renewcast is 970 monthly website visits, up 31.1% over the last three months. Renewcast's team grew 5.6% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Helen Ventures
Beamline Accelerator
MindTitan
Tech 4 Planet
SouthWestern Power Group
CDP Venture Capital
2C Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Renewcast 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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