Funding round
Ren-Gas Growth
Reported as "Growth Equity"
Ren-Gas, which works in renewable energy project development in Espoo, raised $19M in a Growth round announced on 17 Dec 2025. 3 firms took part, 2 of them already investors.
$19M
Amount raised
16,000,000 EUR converted
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
Ren-Gas did not disclose a valuation in this round. It is Ren-Gas' first venture round on record, 4 years after it was founded in 2021. No later venture round is on record for Ren-Gas.
Ren-Gas' funding rounds
This is the only venture round on record for Ren-Gas.
- Growth this round 17 Dec 2025 $19M
- Debt not a venture round 4 Sep 2026 $791M
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- backs 4 venture-backed companies existing investor
- backs 54 venture-backed companies new investor
- Allianz existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
15 Growth rounds in Chemicals within a year either side disclosed an amount; the median was $56M, and this round was 34% of the median. The closest in time, other companies' Growth rounds in Chemicals:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| United Solar Chemicals | 20 Jan 2026 | $900M | not disclosed | Sohar International Bank |
| Chemicals | 5 Jan 2026 | $200M | not disclosed | Transition Equity Partners |
| Solugen Chemicals | 17 Mar 2026 | $50M | not disclosed | Idealist Capital |
| Chemicals | 15 Sep 2025 | undisclosed | not disclosed | not named |
| United Solar Chemicals | 10 Jun 2026 | $1.60B | not disclosed | not named |
| Chemicals | 2 Jun 2025 | $150M | not disclosed | Novare Holdings (Pty) Ltd. |
| Chemicals | 16 Jun 2026 | $116M | not disclosed | not named |
| Chemicals | 3 Jun 2025 | undisclosed | not disclosed | Iron Path Capital |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Ren-Gas raise in its Growth round?
Ren-Gas raised $19M in its Growth round, announced in Dec 2025.
Which investors took part in Ren-Gas' Growth round?
Taaleri, Tesi and Allianz.
What was Ren-Gas' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Chemicals?
15 Growth rounds in Chemicals within a year either side disclosed an amount; the median was $56M, and this round was 34% of the median.