Sennen that specialises in developing software for the renewables industry has secured new investment to accelerate its product development. The company has raised £780,000 equity funding from a range of new and existing investors.
They include investment firms Caygan Capital, Future Play and Vala Capital as well as a number of private individuals. This is the second funding round that Sennen has completed since it launched in 2017. Founded by CEO Gaby Amiel and CTO Paul Grimshaw, the company now has 18 staff and a turnover of £1.2m. Sennen’s cloud-based, modular technology provides solutions for renewable energy companies, including offshore wind farm operators and infrastructure funds. The purpose is to digitise and automate operations to overcome the complexities of operating at scale. Clients include London Array, EDF Renewables, Arevon Energy and Foresight Group.
