Twindo Raises €1M for Energy Transition Innovation
Deal News | Jun 03, 2025 | EIN
Dutch renewable energy software company, Twindo, has successfully raised €1 million in a funding round led by Volve Capital with support from Rockstart Energy Fund, Samuel Jaudel, and Mathias Svendsen. The funding is earmarked to help Twindo expand into new renewable energy verticals beyond wind energy, as well as enhance its artificial intelligence capabilities. Founded in 2022, Twindo is already a key platform for wind field operations, offering automation and efficiency tools tailored specifically for technicians and field managers. The company's software supports over 6GW of wind energy assets in regions like the Benelux and UK and is noted for its field-first approach by Co-founder and CEO Jules Shertser. Twindo has announced plans to extend its software solutions to utility-scale solar operations. The company, led by a team of co-founders possessing deep industry expertise, aims to become integral infrastructure for renewable energy performance.
Sectors
- Renewable Energy
- Software as a Service (SaaS)
Geography
- Netherlands – Twindo is a Dutch company headquartered in Amsterdam, which is central to this article.
- Benelux – Twindo has a significant operational presence in the Benelux region, supporting wind energy teams there.
- United Kingdom – Twindo’s software is actively used in the UK for managing wind energy assets.
Industry
- Renewable Energy – The article deals with Twindo, a company working within the renewables sector, focusing on energy transitions and software solutions for energy field operations.
- Software as a Service (SaaS) – Twindo provides software designed to improve field operations through advanced technologies, characteristic of SaaS industry delivery models.
Financials
- €1,000,000 – The amount of funding raised by Twindo in the latest round led by Volve Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Twindo | Target Company | Company | A Dutch company providing renewable energy field operations software. |
| Volve Capital | Lead Investor | Company | A firm leading the latest funding round for Twindo. |
| Rockstart Energy Fund | Investor | Company | Co-investor in Twindo's funding round. |
| Samuel Jaudel | Angel Investor | Person | Senior executive in the renewables sector involved in Twindo's funding. |
| Mathias Svendsen | Angel Investor | Person | Renewables sector executive participating in the funding round. |
| Jules Shertser | Co-founder and CEO | Person | CEO of Twindo, leading its operational strategy. |
| Guilherme Marinho | Co-founder and CRO | Person | Chief Revenue Officer at Twindo, commenting on the software’s impact. |