A Bristol-based technology company that specialises in developing software for the renewables industry has secured new investment to accelerate its product development. Sennen's modular technology provides a platform for renewable energy companies, including offshore wind farm operators and infrastructure funds.
Sennen has raised £780,000 equity funding from a range of new and existing investors. They include Caygan Capital, Future Play and Vala Capital, as well as a number of private individuals. About £100,000 of the total investment came through the crowdfunding platform Seedrs.
Charles van der Lande and Laura Guest of Roxburgh Milkins advised. Find out more: https://bit.ly/3D0yOt7
“Securing this investment is another big step forward for our business, and we are delighted with the success of this fundraising round. We have ambitious plans for our product development throughout 2022 and into next year and this provides us with the resources we need to make this happen.”
Gaby Amiel, Co-founder and CEO, Sennen