The British renewable energy provider said that its Kraken platform had $500 million in committed annual revenue, spurring a ...

Octopus Energy Group has formally announced the spin-off of its technology company Kraken, as the platform’s annual revenue ...

Octopus Energy Group Ltd. plans to spin off Kraken Technologies Ltd., a software platform that helps utilities manage the ...

Kraken currently generates $500 million in annualized recurring revenue, a 300% jump from 2022. The utilities that use its ...

The move comes as Kraken, founded in 2016, quadrupled its contracted revenue in three years to $500m through major licensing deals.

Energy giant said move will help accelerate global expansion of Kraken's AI-powered customer energy management platform ...

Octopus Energy Group will spin off its technology company Kraken to help accelerate the platform’s expansion across the globe ...

Who better to midwife a giant mythical cephalopod than finance’s most famous great vampire squid? Octopus Energy has hired Goldman Sachs to spin off Kraken Technology, the software platform powering ...

Curating today’s top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics ...

The move comes as Kraken reaches $500M in committed annual revenue through licensing deals with energy majors such as EDF, ...

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

Shares in ASX-listed Origin rose as much as 3.7% in Friday's early trade after Octopus Energy announced plans to separate the Kraken unit into a standalone business. Origin has a near 23% stake in ...