Verdance
Grid-scale forecasting software for renewable operators.
The company
- Founded
- 2023
- First check
- Pre-seed
- Headquarters
- Copenhagen, Denmark
- Sector
- Climate
- Partnered since
- 2024
A wind or solar operator sells power it has promised to deliver hours in advance. Forecast badly and it pays penalties in the balancing market; forecast well and the same asset earns materially more.
Verdance builds forecasting models tuned to individual assets rather than regions, learning the specific behaviour of a specific site.
The company operates across Northern European markets and is expanding into North America.
Why we invested
Climate returns often depend on hardware and subsidy. Verdance is a software company whose value is measured in a customer's settlement statement every single day — the cleanest possible proof of value in a sector full of ambiguity.
-
Strandfall
Materials discovery for low-carbon cement.
-
Axiomatic
Evaluation and observability for production language models.
-
Tessellate
Synthetic data generation for computer vision teams.