Kinewell, a Wallsend, UK–based clean energy software company optimizing offshore wind farm design, has raised £750,000 in funding.
Investors
The investment was from the North East Accelerate Fund, a regional investment vehicle that provides equity and loan funding to small and medium-sized businesses in North East England. Managed by Mercia Ventures, the fund focuses on innovative, high-growth companies across technology, life sciences, and advanced manufacturing sectors. It supports businesses from early growth stages through expansion.
Kinewell Use of Funds
The funding will use Kinewell to accelerate technology development and commercialization.
About Kinewell
Founded by Andrew Jenkins, Kinewell is a cleantech company that develops software to optimize the design and development of offshore wind farms. It combines artificial intelligence, advanced algorithms, and high-performance computing to analyze millions of design scenarios and identify the most efficient cable layouts, turbine placements, and transmission systems. Headquartered in Wallsend, United Kingdom, Kinewell clients include global renewable energy companies such as Equinor, SSE Renewables, Parkwind, and Eurus Energy.
Funding Details
Company: Kinewell Energy Ltd.
Raised: $0.94M
Round: Pre-Seed
Funding Date: March 2026
Lead Investor: North East Accelerate Fund
Additional Investors:
Company Website: https://kinewellenergy.com/
Software Category: Renewable Energy Optimization Software
Source: https://kinewell.co.uk/cleantech-company-raises-750k-in-first-deal-by-north-east-accelerate-fund/