Octopus Energy to spin off technology arm Kraken
Move could be followed by an initial listing in a year or two at a valuation of about $10bn
Related reading
UK’s Octopus Energy to sell stake in tech spin-off Kraken at $8.65bn valuation
Investors including D1 Capital Partners, Fidelity and Ontario Teachers’ Pension Plan to purchase $1bn in equity
Octopus Energy swings to a loss as it hits 10mn customers globally
Energy start-up sees margin slide as its costs rise sharply
UK government plunges into deep waters with Kraken investment
British Business Bank has put up £25mn in the hope the software platform will list in London
Inside Oklo: the $20bn nuclear start-up without any revenue
Silicon Valley company with links to Trump administration rides wave of investor enthusiasm
Tether targets $500bn valuation with $20bn private funding round
Deal would make crypto operator one of world’s most valuable privately owned companies
UK should stop investing in carbon capture for power, government adviser says
Octopus chief says ‘enormous amounts’ of public money spent on technology should be saved