Octopus Energy to sell stake in software spin-off Kraken at $8.65bn valuation

CEO of Britain’s biggest household energy supplier says technology arm could float in the medium term ...

Octopus AI Unit Kraken Valued at $8.7 Billion in Stake Sale

Kraken is owned by Octopus Energy Group Ltd., in which Origin is a major investor. The artificial intelligence software has ...
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Octopus Energy to spin off Kraken in deal valuing platform at $8.65 billion

Alongside the Kraken investment, Octopus Energy investors are injecting an additional $320 million directly into Octopus to ...

Octopus Energy to spin off AI arm Kraken at $8.65 billion valuation

The British renewable-energy startup raised $1 billion in its first stand-alone funding round for the artificial-intelligence ...

Octopus Energy spins out AI-native utility software subsidiary Kraken

British clean energy giant Octopus Energy Group Ltd. has announced it’s spinning off its most valuable technology asset as a ...

Octopus Energy to spin out AI unit Kraken Technologies for $8.65B

UK-based Octopus Energy is moving ahead with plans to spin out Kraken Technologies as demand for AI-driven energy software ...
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Octopus Energy Splits Off Kraken to Fast-Track Global Growth

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 ...
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Major Moves: Octopus Energy's Kraken Stake Sale, Lululemon Board Shake-Up, and Meta's AI Acquisition

Financial Times' top stories include Octopus Energy's planned sale of a stake in its tech spin-off Kraken at a significant valuation, a board overhaul at Lululemon spearheaded by its founder, and Meta ...