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Reneum Labs

Reneum is a climate tech solution in the form of a marketplace and green label. Businesses and individuals can manage Scope 2 or energy emissions through digital Renewable Energy Certificates (RECs) whilst funding renewable energy deployment in emerging markets. Each transaction is fully transparent and trackable in real-time from end-to-end, an innovation on the legacy paper REC market. Anyone's climate impact can be measured and verified through public impact pages. Our mission is to accelerate the energy transition by sending funding to where it is needed most. Reneum's platform can be used to fund other environmental solutions, but the journey starts with renewable energy as it is accepted as one of the biggest levers to tackle clime change. As we reach our clean energy targets, we will expand to fund other environmental causes.

Created with Highcharts 11.4.6Highcharts.com

Total Fundraised$4.3M

Pre-Seed
Grant
Calendar Image2019
Established
HeadquarterGradient ImageDubai, United Arab Emirates
Headquarter
OperationalGradient Image
UAE
Operational Market
SectorGradient Image
Blockchain
Energy
Sustainable
Crypto
CleanTech
Sectors
EmployeeGradient Image11 - 50
Employees
PinGradient ImageGrant
Latest Known Stage
GlobeGradient Imagehttp://www.reneum.com/
Website

Reneum Labs's Stages

Round Image

Pre-Seed

Round Image

Grant

Round Image

Others

Funding Types by Funds Raised (in USD)

Created with Highcharts 11.4.6Funding TypeTotal Amount4.1M4.1M150K150K--Round Raised in USDPre-SeedGrantOthers0250K500K750K1M1.3M1.5M1.8M2M2.3M2.5M2.8M3M3.3M3.5M3.8M4M4.3M4.5MHighcharts.com

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Cumulative Funding Raised Over Time

Created with Highcharts 11.4.6Total Amount in USDFunding Rounds Over TimeTotal Raised in USDQ1 2019Q4 2021Q4 2022Q1 202301M2M3M4M5MHighcharts.com

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Reneum Labs's Investors by Funding Rounds

Funding Round

Announced Date

Disclosed Investors

Round Amount (USD)

Funding Type Image
Pre-Seed
04 Jan 2019

Undisclosed

1.5M

Funding Type Image
Pre-Seed
08 Dec 2021

Outlier Ventures

2.6M

1 Investors

Funding Type Image
Grant
06 Dec 2022

Filecoin

150K

1 Investors

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Reneum Labs's
Key Team Members

Harib Bakhshi
Assaad Razzouk