Energy Companies
Latest Deals in Energy
$68.75M
Tem, based in London, secured ยฃ55 million in a Series B funding round led by investors including Lightspeed Ventures and Hitachi Ventures. Founded in 2021, Tem is a platform that connects buyers with energy suppliers, addressing the need for efficient energy brokerage.Investors: Lightspeed Ventures, Hitachi Ventures
$68.75M
TEM, an energy transactions scaleup, has raised ยฃ55 million in an oversubscribed Series B round led by Lightspeed Venture Partners. The funding aims to support TEM's international expansion and enhance its AI-native energy transaction infrastructure, which addresses inefficiencies in the energy market. With over $300 million in annualized gross transaction value and a customer base exceeding 2,600 in the UK, TEM claims to reduce energy bills by up to 30%. Key investors include Hitachi Ventures, Voyager Ventures, and Allianz.Investors: Lightspeed Venture Partners, Hitachi Ventures, Voyager Ventures, Allianz
$67.932M
Tem, a London-based AI-native energy transactions scale-up, has raised โฌ62.9 million ($75 million) in an oversubscribed Series B round led by Lightspeed Venture Partners. The funding aims to accelerate the rollout of its innovative infrastructure that addresses inefficiencies in energy pricing and trading, potentially reducing business energy bills by up to 30%. Key investors include Hitachi Ventures, Voyager Ventures, and Allianz, with plans for international expansion into Texas and Australia.Investors: Lightspeed Venture Partners, Hitachi Ventures, Voyager Ventures, Allianz
$68.75M
London-based energy scaleup company tem has secured a $75m (ยฃ55m) Series B investment round to revolutionize energy pricing and trading. Their AI-native infrastructure includes an AI-powered transaction engine and a customer-facing platform, aiming to make energy transactions fairer and more efficient. The funding round was led by Lightspeed Ventures, with participation from several notable investors including Hitachi Ventures and Allianz.Investors: Lightspeed Ventures, Hitachi Ventures, Allianz
$75M
London-based company tem raised $75 million in an oversubscribed Series B funding round led by Lightspeed Venture Partners. The funding aims to address inefficiencies in energy markets by automating transactions and reducing costs by up to 30%. With a total funding of $94 million, tem's platform serves over 2,600 UK customers, handling $300 million in annual gross transaction value. Key investors include Hitachi Ventures and Atomico, with plans to expand into Texas and Australia.Investors: Lightspeed Venture Partners, Hitachi Ventures, Atomico
$2M
London-based xwatts has raised ยฃ1.6 million in a seed funding round led by Cambridge Enterprise Ventures, with participation from Cambridge Angels, Parkwalk, and R42. The company offers an intelligent energy management platform that utilizes AI and machine learning to optimize energy use in complex real estate assets, aiming to reduce energy costs and carbon emissions. The funding will support product development and growth in key European markets, particularly in healthcare, higher education, and industrial sectors.Investors: Cambridge Enterprise Ventures, Cambridge Angels, Parkwalk, R42
$2M
London-based xwatts has secured ยฃ1.6 million in seed funding to enhance its intelligent energy management platform aimed at decarbonising complex real estate assets. The funding round was led by Cambridge Enterprise Ventures, with participation from Cambridge Angels, Parkwalk, and R42. xwatts utilizes AI and machine learning to optimize energy use in non-domestic buildings across Europe, addressing high operational costs and carbon emissions. The investment will support product development and expansion in key European markets, particularly in healthcare and education.Investors: Cambridge Enterprise Ventures, Cambridge Angels, Parkwalk, R42
$10000M
Firmus, an AI infrastructure company, has secured a $10 billion debt financing facility led by Blackstone Tactical Opportunities and Blackstone Credit & Insurance, with additional support from Coatue. This funding will support the national rollout of Project Southgate, which focuses on scaling energy-efficient AI factory platforms based on NVIDIA's DSX reference architecture.Investors: Blackstone Tactical Opportunities, Blackstone Credit & Insurance, Coatue
$232M
Lunar Energy has raised $232 million in financing through a $130 million Series C and an oversubscribed $102 million Series D. The Series D was led by B Capital and Prelude Ventures, while Activate Capital led the Series C. The funding will support the nationwide expansion of its home battery systems and the scaling of its AI-driven software platform, Lunar Gridshare, addressing rising electricity demand and grid complexity.Investors: B Capital, Prelude Ventures, Activate Capital
$11.88M
Capalo AI, a Helsinki, Finland-based sustainable technology company, raised โฌ11 million in Series A funding. The round was led by Heartcore Capital, with participation from Tesi, VentureFriends, Profounders, Inventure, Innovestor, and several family offices. The funds will be used to expand their energy storage systems.Investors: Heartcore Capital, Tesi, VentureFriends, Profounders, Inventure, Innovestor