Octopus Energy raised $1 billion in its first standalone funding round for Kraken, valuing the business at $8.65 billion. The statement said "a major Kraken customer," which it did not name, and ...

CEO of Britain’s biggest household energy supplier says technology arm could float in the medium term Business live – latest updates Octopus Energy has agreed to sell a stake in its Kraken software ...

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(Bloomberg) --UK utility Octopus Energy Group Ltd. has agreed to sell a stake in software unit Kraken Technologies at a valuation of $8.65 billion as an initial step toward spinning the business off.

Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain's biggest ...

SYDNEY—British renewable-energy startup Octopus Energy will spin off utility management platform Kraken Technologies at a valuation of $8.65 billion. Octopus raised $1 billion in its first stand-alone ...

Octopus Energy Group is on the brink of selling a big stake in its software arm, Kraken Technologies, at a valuation that will cement its status as one of Britain's biggest private companies. Sky News ...

Dec 29 (Reuters) - Britain's Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment ...

Sidney’s newest eight-armed resident has been named after a Washington state creek after a competitive race where it beat out a river on the Canadian side of the border. Chuck, short for Chuckanut, ...

Dec 30 (Reuters) - Britain's Octopus Energy reported an annual pretax loss on Tuesday, due to heavy spending to expand its businesses, including the Kraken technology platform, which it plans to spin ...

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