Investment Portfolio
Who are Grenomic?
Grenomic is an internationally acclaimed enterprise providing turnkey solutions for the construction of offshore windfarms. They are an engineering, procurement, and construction company and so take care of the design, construction, and commissioning of large-scale offshore windfarms. They are the partner you can count on when it comes to flexibility, value, certainty and complete solutions for offshore renewables projects. They develop and deploy market-leading green energy solutions that benefit the planet and our customers alike, further driving down the cost of green energy.
The Market Opportunity
The offshore power market is growing because of the need to reduce reliance on oil and gas. Offshore wind farms guarantee more wind more consistently than onshore alternatives, and so are attractive. However, there is complexity and risk in how they are constructed. Grenomic takes the risk and complexity away from the client, and uses innovation to deliver on time, on budget and deliver the desired quality levels.
The Global Offshore Wind Energy Market is valued at USD 31.2 Billion this year and is projected to surpass USD 129 billion by 2030 and exhibit a Compound Annual Growth Rate (CAGR) of 11.8% over the forecast period.
How Ventucap Help
Ventucap has been working with Grenomic’s Finance and Procurement departments to simplify suppliers to drive down costs. We are helping Grenomic through the cost control initiative called ‘Operation Janus’. This is essential because Grenomic has challenges
finding and leveraging the right supplier networks. Something Ventucap can help with.
Why Ventucap?
Ventucap invest in high-potential startups and scaleups that have the potential to scale rapidly and become market leaders in their respective industries. We focus on a broad range of sectors such as technology, healthcare, and consumer products, and leverage our extensive network and industry expertise to identify and support promising startups and scaleups. We operate in four continents and have offices in 7 countries. Notable investments include Voccatel, Trustinspecta and Payerpals.