Renewcast provides AI-powered forecasting solutions for the renewable energy sector using proprietary digital twin technology to model weather patterns and asset conditions for intra-day, day-ahead, and multi-day forecasts. The platform serves utilities, grid operators, and renewable asset managers, and has over 1.8 GW of installed renewable capacity under active clients. The company runs more than 10 pilot programs and serves four commercial clients in Europe and the US, and it reports having scaled more than 2.5x year-on-year. Renewcast consistently outperforms legacy systems with 20–40% improved accuracy and is credited with generating millions in annual value through reduced balancing costs. The business plans to accelerate global commercial rollout across Europe, the US, Latin America, India, and Asia, consolidate its tech team, and ramp up commercial efforts. Renewcast was founded in 2020 and is preparing for a Series A in late 2026. Renewcast develops advanced wind power generation forecasting delivered through a fully automated Azure Cloud–based platform. The company says its forecasts offer materially higher accuracy — a cited customer reported 20–30% better reliability versus their benchmark. Renewcast targets utilities and corporate clients and aims to serve a global portfolio of customers. The team is led by CEO and founder Fabio Nicoló and counts strategic partners such as MindTitan. The company plans to use new funding to accelerate market penetration and enhance its technological capabilities. Quotes from investors highlight the large market opportunity driven by fluctuating energy prices and the need for reliable renewable production forecasting.

Total raised

$2M

Funding rounds

2

Latest round

Safe

Latest activity

Sep 2025