Octopus Energy's Kraken Software Division Valued at $8.65B
Update: 2025-12-30
Description
Octopus Energys Kraken software division, valued at $8.65 billion, secures a $1 billion investment from Fidelity International and Ontario Teachers Pension Plan Board. Octopus retains a 13.7% stake, aiming for a standalone company status. Krakens technology, scale, and leadership drive Octopuss growth, making it Britains biggest household energy supplier. The software, licensed to rivals and overseas companies, could lead to a stock market listing, expanding its global footprint. Checkout Solipillow.com
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