Octopus Energy spins off its Kraken utility billing and AI platform

September 19, 2025 Tim De Chant

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

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Meet the latest VC judges joining Startup Battlefield 200 at TechCrunch Disrupt 2025 
Meet the latest VC judges joining Startup Battlefield 200 at TechCrunch Disrupt 2025 

Twenty founders will pitch their companies on the Disrupt Stage, but only one will walk away with the $100,...

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