Home / Technology / Octopus Energy spins off Kraken in $8.65B deal as energy software arm raises $1B

Octopus Energy spins off Kraken in $8.65B deal as energy software arm raises $1B

Britain’s clean energy heavyweight Octopus Energy is breaking its most valuable technology asset out into the open. The company said Monday it will spin off its software arm, Kraken, as a standalone business valued at $8.65 billion, following a major funding round led by D1 Capital Partners. The deal turns Kraken from an internal advantage

Britain’s clean energy heavyweight Octopus Energy is breaking its most valuable technology asset out into the open.
The company said Monday it will spin off its software arm, Kraken, as a standalone business valued at $8.65 billion, following a major… [4704 chars]

Source: TechStartups.com | Published: 2025-12-29T22:53:59Z

Credit: TechStartups.com

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *