Home / Technology / Britain’s Octopus Energy to spin out Kraken at $8.65 billion valuation

Britain’s Octopus Energy to spin out Kraken at $8.65 billion valuation

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. investment firm D1 Capital Partners.

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. investment firm D1 Capital Partners.
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Source: Reuters | Published: 2025-12-29T18:53:12Z

Credit: Reuters

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