Venterra Funding, Investors & Competitors

Venterra has raised $284M across 4 funding rounds, most recently a $54M undisclosed-stage round in December 2025.

Last Venterra funding round

$54M

Undisclosed stage · Dec 2025

Cumulative funding Venterra raised

$284M

across 4 funding rounds

Key investors in Venterra

  • First Reserve Corporation
  • Beyond Net Zero
  • Ayman Asfari

Venterra Overview

About Venterra

Venterra is a provider of engineering and project management services for offshore wind projects, covering lifecycle stages from feasibility studies to decommissioning. UK-headquartered, its expertise includes geotechnical investigations, environmental impact assessments, and hydrographic surveys using multibeam echo sounders and ROVs. The firm supports developers in the North Sea and Baltic regions with metocean data and cable route optimization.


Founded

2021

HQ

United KingdomSheffield

Status

Privately held

Customer focus

B2B

Revenue model

Services

Venterra Funding History

Venterra has raised a total of $284M across 4 funding rounds.

Venterra's first fundraising round was a $31M undisclosed-stage round in March 2022. The most recent completed round was a $54M undisclosed-stage round in December 2025.

Venterra funding rounds

Venterra funding rounds
DateStageInvestorsRaisedDeal Summary
Dec 2025Undisclosed stageBeyond Net Zero; Ayman Asfari; First Reserve Corporation$54M-
Oct 2023Series A-$9M-
Aug 2023Undisclosed stageBeyond Net Zero (lead); First Reserve Corporation$190MVenterra Group Plc is an offshore wind energy services business providing services for offshore wind development, including innovative solutions like vibro-piling for monopile foundations via its acquisition of CAPE Holland. On August 1, 2023, BeyondNetZero, General Atlantic's climate solutions fund, became the lead investor in Venterra's fourth fundraising round, alongside existing investors like First Reserve. The round involves raising approximately £150 million in equity financing plus debt facilities to fund acquisitions in its deal pipeline and invest in member companies. Lord Browne of Madingley joined Venterra’s Board as Non-Executive Director. Venterra aims to scale ahead of a potential IPO, supporting the sustainable supply chain needs of the offshore wind industry amid the energy transition. In 2023, the company enhanced governance, HSSEQ programs, and sustainability ambitions, committing to initiatives like Science Based Targets (SBTi) with 2023 as baseline, influenced by BeyondNetZero's status as an Article 9 Fund.
Mar 2022Undisclosed stage-$31MVenterra Group is a renewable energy firm founded in 2021 by Ayman Asfari, specializing in offshore wind services including survey, engineering, construction, and installation through acquisitions of specialist companies. It operates across the UK, Europe (England, Scotland, Ireland, France, Germany, Netherlands, Poland), USA, and Asia-Pacific (Japan, Taiwan, South Korea), employing over 850 people and supporting projects with 90 GW capacity worldwide. In late 2022, it secured £40 million in new equity investment from existing backers including General Atlantic BeyondNetZero, First Reserve, and founder Asfari to expand services, innovation, geographic footprint, and business development. This round brought total funding to £250 million since inception.

Who has invested in Venterra?

3 investors have backed Venterra across its funding rounds, including First Reserve Corporation, Beyond Net Zero and Ayman Asfari.

Lead investors include Beyond Net Zero.


Venterra Investors

Investors in Venterra by funding rounds participated
InvestorHQRoundsRoleFirst check
Beyond Net ZeroUnited StatesNew York City, NY2LeadAug 2023

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Acquisitions by Venterra

Venterra has acquired 4 companies to date.

Last acquisition by Venterra was on October 22nd 2024. Venterra acquired Oceanscan for undisclosed valuation.


Latest Acquisitions by Venterra

Oceanscan
CAPE Holland
GDG
Osbit
Description
Oceanscan is a supplier of non-destructive testing equipment to offshore oil, gas, renewables, defense, petrochemical, nuclear, and aerospace sectors. With offices in Aberdeen, Scotland, and Lowestoft, England, the company distributes ultrasonic flaw detectors, eddy current probes, and calibration services through a global partner network. Oceanscan rents equipment like phased array kits to operators in the North Sea, handling over 1,000 annual rentals and maintaining UKAS-accredited labs for traceability.
CAPE Holland is a Dutch engineering firm specializing in offshore foundation equipment for wind farms and oil platforms. Based in Heijningen, it designs and manufactures hydraulic piling hammers, topside cranes, and gangway systems used in projects across the North Sea and Asia-Pacific. Supporting pile driving up to 3,000 tonnes, the company's methodology services include feasibility studies and installation simulations for monopile and jacket foundations. Founded in 1995, CAPE Holland serves clients like Ørsted and Vestas on developments such as Hornsea One and Borkum Riffgrund, with equipment deployed on over 50 GW of renewable capacity worldwide.
GDG is an engineering consultancy that advises on geotechnical and structural design for offshore and coastal infrastructure. The Dublin practice covers foundation design for offshore wind turbines, cable route engineering, ground investigation interpretation and flood defence schemes for developers, contractors and public bodies. Paul Doherty founded the firm, which employed around 120 engineers and geoscientists.
Osbit is an engineering business that designs and builds specialist equipment for offshore wind and subsea operations. From its base at Riding Mill in Northumberland, the company supplies handling systems, launch and recovery equipment, trenching machinery and cable-lay gear to vessel operators and installation contractors. Each system is built to order, with design, fabrication and testing carried out in house, and further offices sit in Edinburgh, Lowestoft, Providence and Rotterdam.
HQ CountryUnited KingdomNetherlandsIrelandUnited Kingdom
HQ City
Aberdeen
Beilen
Dublin
Riding Mill
Deal Date22 Oct 20241 Aug 202328 Oct 202128 Oct 2021
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Venterra Competitors

Venterra competitors include listed companies like GE Vernova, TBEA and Siemens Energy India, and private ones like Base Power, Round-the-Clock and Enpal.

Public and private companies comparable to Venterra
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GE VernovaUnited StatesUnited StatesPublicly listed$38B$3.2B$246B5.4x
TBEAChinaChinaPublicly listed$15B$2.4B$13B1.4x
Base PowerUnited StatesAustin, TXPrivate--$13B-
Siemens Energy IndiaIndiaIndiaPublicly listed$811M$158M$12B10.9x
Round-the-ClockUAEUAEPrivate--$6.1B-
EnpalGermanyBerlinPrivate$1B$24M$2.5B-

Venterra Public Comps

Venterra is still privately-owned, but its public comps include GE Vernova, Reliance Industries, Iberdrola, Siemens Energy, Enbridge, China Yangtze Power, Constellation Energy, Quanta Services, Williams Companies and Enterprise Products.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
GE Vernova$38B$3.2B6.2x5.4x73.5x43.5x
Reliance Industries$110B$20B1.9x1.7x10.4x10.3x
Iberdrola$51B$17B4.4x4.3x13.2x11.8x
Siemens Energy$45B$4.5B2.7x2.4x27.3x16.1x
Enbridge$47B$15B4.2x3.6x13.3x13.3x
China Yangtze Power$13B$11B11.4x11.3x13.9x14.4x
Constellation Energy$26B$5B4.6x3.8x23.5x15.3x
Quanta Services$28B$2.5B3.5x2.7x38.8x26.3x

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Common questions about Venterra

When was Venterra founded?Venterra was founded in 2021.
Where is Venterra headquartered?Venterra is headquartered in Sheffield, United Kingdom.
Is Venterra publicly listed?No, Venterra is a private, VC-backed company.
How much funding has Venterra raised?Venterra has raised $284M across 4 funding rounds.
What was Venterra's last funding round?Venterra's last funding round was a $54M undisclosed-stage round in December 2025.
Who are Venterra's investors?Venterra's investors include Beyond Net Zero, First Reserve Corporation and Ayman Asfari.
Which companies are comparable to Venterra?Companies comparable to Venterra include GE Vernova, TBEA, Base Power, Siemens Energy India, Round-the-Clock and Enpal.
How many companies has Venterra acquired?Venterra has acquired 4 companies, including Oceanscan, CAPE Holland, GDG and Osbit.

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