Octopus Energy Group to spin out Kraken at valuation of $8.65bn
- Last Updated on January 2, 2026
Octopus Energy Group today announces the first standalone investment round into its world-leading technology company, Kraken. The funding round is led by D1 Capital Partners, a leading global investment firm, alongside other new investors such as Fidelity International, Durable Capital Partners and Ontario Teachers’ Pension Plan Board, via its late stage growth business Teachers’ Venture
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