£40m to speed offshore wind delivery with integrated survey-to-operations services
This article covers Venterra, an offshore wind services startup, which has raised £40m in new equity to expand its integrated service offering. The funding will strengthen its survey, engineering, construction and operations capabilities to support developers of offshore wind projects across the UK, Europe and overseas.
Venterra Group has raised £40 million in new equity to expand its integrated offshore wind services business. The round was led by existing backers including General Atlantic’s BeyondNetZero and First Reserve, with participation from other shareholder investors and Venterra founder Ayman Asfari. The funding arrives as offshore wind deployment accelerates across the UK, Europe and overseas markets, and as developers seek more consolidated delivery partners.
Why it matters
The offshore wind sector is entering a growth phase driven by net zero targets and energy security priorities in the UK and across Europe. Providers that can combine survey, engineering, construction and operations support into a single offer may reduce project complexity and timelines for developers. Venterra’s fundraising signals continued investor appetite for businesses that aim to service the full lifecycle of wind projects rather than niche suppliers.
Inside the product
Venterra describes itself as a group built from acquisitions of specialist firms to provide integrated services across survey, engineering, construction and installation. The company says its offering spans planning through to operations, positioning itself as a one-stop partner for developers and contractors.
Key facts:
- Founded in 2021 and grown through acquisitions.
- Presence in the UK and Europe with offices in England, Scotland, Ireland, France, Germany, the Netherlands and Poland.
- Expanded into the US and Asia-Pacific markets, including Japan, Taiwan and South Korea.
- Employs over 850 people.
- Reports supporting about 90 GW of energy capacity across projects it has worked on.
These capabilities are relevant because large offshore wind projects require coordination across multiple technical and regulatory fronts: seabed survey, foundation design, cable routing, installation logistics and long-term operations and maintenance.
In the announcement, Ed Daniels, CEO of Venterra Group, said:
This raise is a powerful endorsement of Venterra’s strategy and the expertise of our people. We are scaling a world-class offshore wind services platform that removes friction for developers, accelerates schedules, and drives performance across planning, engineering, installation and operations. This funding enables us to strengthen capabilities, invest in innovation, and deliver even greater value to our clients as we advance the energy transition.
Who are the investors?
The round includes continued backing from existing investors, notably General Atlantic’s BeyondNetZero and First Reserve, alongside other shareholder investors and participation from founder Ayman Asfari. General Atlantic’s BeyondNetZero is identified in the announcement as a backer; First Reserve is named among the participating investors. The involvement of established energy-focused funds and existing shareholders suggests a vote of confidence in Venterra’s strategy to integrate fragmented parts of the offshore delivery chain.
If you're researching potential backers in this space:
- Explore our list of energy venture capital firms in the UK
- Browse our directory of energy angel investors in the UK
Founder perspective
Founder Ayman Asfari is listed as a participating shareholder investor in this round. The company was formed through consolidation of specialist service providers, a model that relies on founders and early shareholders remaining engaged to support integration, customer relationships and further international expansion.
The bigger picture
Venterra’s raise sits within a wider shift in the offshore wind market toward larger, more complex projects and greater emphasis on developer certainty. For UK and European infrastructure policy and private capital markets, that creates demand for firms that can manage multiple interfaces on a project. Continued investment from funds focused on energy transition highlights how investors are positioning for long-term deployment of renewables rather than short-term technology speculation.
As the UK and neighbouring markets push to increase offshore capacity, companies that knit together survey, engineering, installation and operations will play a practical role in delivering projects at pace and scale. Venterra’s funding round is another marker of where private capital is flowing in the energy transition.
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