# Rendesco: Clean Energy, London, United Kingdom

> Rendesco: Rendesco's mission is to transform the heating business by creating geothermal networks using ground-source heat pump technology.

Source: https://millionrounds.com/startup/rendesco (Millionrounds; every figure on the page links to its filing or article)

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

# Rendesco

Rendesco's mission is to transform the heating business by creating geothermal networks using ground-source heat pump technology.

Funding reported Last round: Undisclosed round

Clean Energy London, United Kingdom

Company summary

- **Founded:** 2012 14 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 7.7M as listed, currency not stated
- **Last round:** Undisclosed round Jun 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Rendesco has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Rendesco raised

Funding, as reported

Reported in all **7.7M** in the source's currency

Rounds **1**

Last round **Undisclosed round**

Last round date **Jun 2024**

Investors listed **3**

## Funding filed with regulators

Rendesco filed 2 raises, $13M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Apr 2026 **$5.3M** UK share allotment
- Sept 2024 **$8.0M** UK share allotment

## Founders and team

From Rendesco's own website: 1 founder, 5 on the team.

**Alastair Murray** Founder & CEO

- **Bradley Clarke** Technical Director
- **Ivan Horoshenkov** Strategy Director
- **Joe Catton** Finance Director
- **Paige Leuschner** Product Director
- **Tim Mortlock** Chairman

## On a portfolio page

Investors who name them

- [Renewables Infrastructure Capital LLP](https://millionrounds.com/fund/renewables-infrastructure-capital-llp)

Each firm lists Rendesco on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Clean Energy in United Kingdom

Startups like it

- [**Field** London · founded 2020](https://millionrounds.com/startup/field-3)
- [**Pathfinder Clean Energy** London · founded 2017](https://millionrounds.com/startup/pathfinder-clean-energy)
- [**GeoPura** Wysall · founded 2019](https://millionrounds.com/startup/geopura)
- [**Clim8 Invest Ltd.** London · founded 2019](https://millionrounds.com/startup/clim8-invest-ltd)
- [**IPG Energy** London · founded 2016](https://millionrounds.com/startup/ipg-energy)
- [**Mobile Power Ltd** founded 2013](https://millionrounds.com/startup/mobile-power-ltd)
- [**FlatPeak** London](https://millionrounds.com/startup/flatpeak)
- [**SEaB Energy** 63 St Mary Axe · founded 2018](https://millionrounds.com/startup/seab-energy)

## Is this your company?

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