Kavaken offers AI-powered SaaS tools for the renewable energy sector that measure and analyze asset metrics, optimize maintenance operations, and improve production forecasts. Its platform supports predictive maintenance to prevent faults and performs sectoral analyses to compliant standards without relying on complex Excel files or SCADA screens. The company emphasizes monitoring and optimizing maintenance workflows to boost asset output and reliability. Founded by Bora Tokyay and Murat Yilmaz, Kavaken targets energy companies seeking automated analytics and operational efficiency. The business plans to use new capital to expand its presence across the UK and European markets and to advance product development. The article does not disclose revenue or user metrics.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2024