# Renewable Energy Dynamics Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/renewable-energy-dynamics-technology

- Industry: Renewable Energy
- Headquarters: Wokingham, UK
- Website: www.poweringnow.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Dec 16, 2011)
- Investors on record: 2

## About

Renewable Energy Dynamics Technology Ltd. specializes in innovative solutions for renewable energy, focusing on developing advanced technologies to enhance energy efficiency and sustainability in various sectors.Founded in 2009 in Wokingham, UK, Renewable Energy Dynamics Technology Ltd. focuses on renewable energy technologies. The company received its latest funding through a Seed round led by Dublin Business Innovation Centre on December 16, 2011, raising a total of USD 0.90 mn. Maya Hess serves as both the CEO and Founder of the company.Renewable Energy Dynamics Technology Ltd. offers a range of products aimed at improving energy efficiency and promoting the use of sustainable energy sources. Their solutions encompass innovative technologies designed to optimize energy consumption and reduce carbon footprints, catering to various industries seeking to implement green energy practices.In 2023, Renewable Energy Dynamics Technology Ltd. reported a revenue of USD 6,456,023.30 with an EBITDA of USD -7,203,628.40, reflecting the company's financial activities during the most recent year.The company's future growth strategy includes the development of new renewable energy technologies aimed at increasing efficiency and reducing costs, with anticipated launches in the upcoming year. Additionally, Renewable Energy Dynamics Technology Ltd. aims to expand its presence into the European and North American markets by 2025. The funds raised in the Seed financing are expected to support these initiatives, facilitating research and development as well as market entry strategies.

## Funding rounds

- Seed, Dec 16, 2011, $0.9M — Enterprise Ireland, Furthr

## Investors

- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Seed
- Furthr (https://capitalatlas.ai/funds/furthr) — Seed