British renewable energy provider Octopus Energy said this week that it’s spinning off Kraken, its tech platform for utilities, spurred in part by $500 million in committed annual revenue from other ...

Octopus Energy raised $1 billion in its first standalone funding round for Kraken, valuing the business at $8.65 billion. The statement said "a major Kraken customer," which it did not name, and ...

Octopus Energy Group is formally spinning out its Kraken technology arm after completing the first standalone investment round for the business, valuing Kraken at $8.65 billion. The $1 billion equity ...

Octopus Energy has agreed a deal to sell a minority stake in its Kraken Technologies division in a move valuing the software business at 8.65 billion dollars (£6.4 billion) and paving the way for its ...

CEO of Britain’s biggest household energy supplier says technology arm could float in the medium term Business live – latest updates Octopus Energy has agreed to sell a stake in its Kraken software ...

Dec 29 (Reuters) - Britain's Octopus ‌Energy said on Monday it will spin off its technology arm, ‌Kraken, as an independent company valued at $8.65 billion, after a ‌funding round led by U.S.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Amir Orad had a billing problem with the energy supply to his home in upstate New York he called the ...