# Renew Risk funding: rounds and investors

> Renew Risk has raised $7.1M across 2 rounds since 2023. Investors include Molten Ventures, Insurtech Gateway and Lloyd's. Every round with its source.

Source: https://millionrounds.com/company/renew-risk (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Renew Risk*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics Cleantech Climate Tech Insurtech

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Funding summary Updated 5 Nov 2026

**$7.1M** raised across 2 rounds since 2023, from 2 sources

**$888K** Seed **$6.2M** Round

- **Latest round:** Round, $6.2M Feb 2025
- **Led by:** Molten Ventures
- **Step-up i:** 7×
- **Investors:** 3 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025

**$888K** Seed

**$6.2M** Round

- **First round:** Seed, $888K
- **Biggest round:** $6.2M
- **Between rounds:** 19 months

## The rounds

- **Feb 2025** Round **$6.2M** *3 new* [Molten Ventures](https://millionrounds.com/fund/molten-ventures) Lead [Insurtech Gateway](https://millionrounds.com/fund/insurtech-gateway) [Lloyd's](https://millionrounds.com/fund/lloyd-s) Reported by Silicon Canals
- **Jul 2023** Seed **$888K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Funding filed with regulators

Renew Risk filed 2 raises, $6.7M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jan 2025 **$5.8M** UK share allotment
- Jul 2023 **$888K** UK share allotment

## Founders and team

From Renew Risk's own website: 2 founders, 11 on the team.

**Dr Joshua Macabuag** Co-Founder & CEO

**Prof Subhamoy Bhattacharya** Co-Founder & Chief Scientific Officer

- **Jason Futers** Chief Commercial Officer (Fractional)
- **Darren Holdaway** Head of Technology
- **Dr Iain Willis** Head of Product
- **Dr Ingrid Charvet** Head of Model Delivery & Innovation
- **Jessica Baker** Head of Marketing Communications
- **Andrew Lennon** Principal Engineer
- **Athanasios Gkimprixis** Senior Risk Analyst
- **Jose Moratalla** Senior Model Developer
- **Kamshat Asmaganbetova** Risk Analyst
- **Lucas Phelps** Business Development Manager
- **Raphael Bidinger** Technical Product Lead

Advisers *Mani Gangadharan Venketachalam*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2023 **Round** 2025 [Molten Ventures](https://millionrounds.com/fund/molten-ventures) L [Insurtech Gateway](https://millionrounds.com/fund/insurtech-gateway) [Lloyd's](https://millionrounds.com/fund/lloyd-s)

## Everyone who backed them

[Molten Ventures](https://millionrounds.com/fund/molten-ventures) VC firm **1** round, led 1

[Insurtech Gateway](https://millionrounds.com/fund/insurtech-gateway) VC firm **1** round

[Lloyd's](https://millionrounds.com/fund/lloyd-s) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=renew-risk).

## Also claim to have backed them

This firm lists Renew Risk as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[oneplanet.capital](https://millionrounds.com/fund/oneplanet-capital) VC firm Per its own site

## Quick answers about Renew Risk

### Who invested in Renew Risk?

Renew Risk's investors include Molten Ventures, Insurtech Gateway and Lloyd's. Molten Ventures led its latest round.

### How much has Renew Risk raised?

Renew Risk has raised $7.1M across 2 rounds since 2023.

### When did Renew Risk last raise?

Renew Risk's most recent round, $6.2M, was in Feb 2025, led by Molten Ventures.

### What was Renew Risk's biggest round?

Its most recent round, $6.2M in Feb 2025, is also its largest on record.

### Who backed Renew Risk first?

Renew Risk's first round on record, in Feb 2025, was backed by Molten Ventures, Insurtech Gateway and Lloyd's.

### What stage is Renew Risk at?

Renew Risk's latest named round is a Seed, in Jul 2023.

### Where is Renew Risk based?

Renew Risk is based in the United Kingdom.

### Who led Renew Risk's rounds?

Molten Ventures led the funding round in 2025.

## Companies like Renew Risk

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**bit.bio** $264M · Nov 2026](https://millionrounds.com/company/bit-bio)[**Querio** $6.5M · Oct 2026](https://millionrounds.com/company/querio)[**VKE Group** $56M · Oct 2026](https://millionrounds.com/company/vke-group)[**Nuada** $19M · Oct 2026](https://millionrounds.com/company/nuada)[**Concretene** $9.9M · Oct 2026](https://millionrounds.com/company/concretene)

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