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Renew Risk

London, GB · 3 known investors

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Renew Risk provides risk analytics and consultancy for renewable energy assets, helping developers, investors, lenders, insurers, and asset owners quantify and manage risks such as natural catastrophes, supply chain issues, and asset failure. Founded in 2021, the company combines catastrophe risk modelling, data science, and insurance expertise for the global renewable energy sector.

CleantechClimate TechEnergyInsurTech

Founders & leadership

AGAshima Gupta
Ashima GuptaCo-Founder & ShareholderAshima Gupta founded Renew Risk in 2021, which provides risk analytics for renewable energy assets including offshore wind and solar farms. Previously, she spent over a decade in financial services at Lloyds Banking Group working on risk modelling and decision systems.
SBSubhamoy Bhattacharya
Subhamoy BhattacharyaCo-founder & Chief Scientific OfficerSubhamoy Bhattacharya is Co-founder and Chief Scientific Officer of Renew Risk, a risk analytics platform for renewable energy assets. He previously held the position of Chair Professor in Geomechanics at the University of Surrey, where he led research on offshore foundation design and structural engineering for renewable energy infrastructure.
JMJoshua Macabuag
Joshua MacabuagCo-founder & CEOJoshua Macabuag is a Chartered Civil Engineer with experience in catastrophe risk modelling and disaster management since 2008. He has led catastrophe model development and validation work for reinsurers and the World Bank, and previously served as an Urban Search & Rescue Engineer and Engineering Manager at NGO SARAID; he co-founded Renew Risk in 2021 to provide risk analytics and consultancy for renewable energy assets.

Investors · 3

Molten Ventureslisted by Molten VenturesLondon · $2.5M – $63M

How we know: Molten Ventures's portfolio page · funding news · siliconrepublic.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

One Planet Capitallisted by One Planet CapitalCambridge · $25K – $500K

How we know: One Planet Capital's portfolio page · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Companies House · registry record

View on Companies House ↗
Registered name
RENEW RISK LIMITED
Company number
13769364
Status
Active
Company type
Private limited company
Incorporated
28 Nov 2021
Registered office
C/O Vantage Accounting, 1 Cedar Office Park Cobham Road, Ferndown Industrial Estate, Wimborne, BH21 7SB
Nature of business (SIC)
62012 — Business and domestic software development
Previous names
OWF PRA LIMITED (2021–2022)
Accounts
last made up to 31 May 2025 · next due 31 Dec 2026
Confirmation statement
last made up to 19 Jul 2026 · next due 2 Aug 2027

Current officers · 4

  • Subhamoy Bhattacharya — director, appointed 30 Aug 2022
  • George Thomas Chalmers — director, appointed 22 Jan 2025
  • Richard Chattock — director, appointed 23 Jun 2023
  • Joshua Macabuag — director, appointed 23 Jun 2023

Source: Companies House public register · retrieved 30 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

Renew Risk Raises £5M in Fundingfinsmes.com · Mar 2025Renew Risk Raises €5.9 Million in Funding | The SaaS Newsthesaasnews.com · Feb 2025Renew Risk bags €5.9 million for insight on physical risks like hurricanes or earthquakes | EU-Startupseu-startups.com · Feb 2025Renew Risk Raises £1.7M in Seed Fundingfinsmes.com · Sep 2023

Frequently asked questions

What does Renew Risk do?
Renew Risk provides risk analytics and consultancy for renewable energy assets, helping developers, investors, lenders, insurers, and asset owners quantify and manage risks such as natural catastrophes, supply chain issues, and asset failure. Founded in 2021, the company combines catastrophe risk modelling, data science, and insurance expertise for the global renewable energy sector.
Who founded Renew Risk?
Renew Risk was founded by Ashima Gupta, Subhamoy Bhattacharya, Joshua Macabuag.
Who are Renew Risk's investors?
Renew Risk's investors include Insurtech Gateway Fund, Molten Ventures, One Planet Capital.
Where is Renew Risk headquartered?
Renew Risk is headquartered in London, GB.