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 ...

British clean energy giant Octopus Energy Group Ltd. has announced it’s spinning off its most valuable technology asset as a standalone entity. The company said its Kraken Technologies Ltd. subsidiary ...

Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners ...

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 ...

SYDNEY—British renewable-energy startup Octopus Energy will spin off utility management platform Kraken Technologies at a valuation of $8.65 billion. Octopus raised $1 billion in its first stand-alone ...

Kraken, Octopus Energy’s tech arm, has been spun off as a standalone business with $500m annual committed revenue and contracts covering 70m accounts worldwide. The move aims to accelerate global ...

INDIANOLA, Wash. — David Franklin is a skateboarder, woodcarver and co-creator, along with glass artist Preston Singletary, of an octopus sculpture chosen to be installed at Climate Pledge Arena - ...

Octopus Energy Group Ltd. today announced plans to spin off its Kraken subsidiary, which sells software that helps utilities operate more efficiently. The Wall Street Journal cited analysts as saying ...

UK utility Octopus Energy Group Ltd has agreed to sell a stake in software unit Kraken Technologies at a valuation of US$8.65 billion. (Dec 30): UK utility Octopus Energy Group Ltd has agreed to sell ...

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 ...

SolarEdge Home Battery customers will be able to save by charging with low-cost, clean energy – fully automated by Kraken Octopus Energy customers in the UK and US first to benefit from lower energy ...