Total amount raised
$2.9 Billion
Latest funding date
6/1/2024
Location
Octopus Energy has successfully raised funds over 9 rounds, with the latest being a Private Equity round. The company has also established a venture fund named "Octopus Energy Development Partnership."
Among the investors backing Octopus Energy are Octopus Capital and Lightrock. Keep reading to explore the intricacies of Octopus Energy's fundraising journey and the investors supporting this innovative energy supplier.
What Is Octopus Energy?
Octopus Energy is a clean energy technology company based in London, England, United Kingdom. The company operates in various sectors including CleanTech, Energy, Energy Efficiency, GreenTech, and Renewable Energy.
Founded with a mission to provide green energy solutions, Octopus Energy has grown significantly, employing between 5001 and 10000 people. The company is known for its customer-centric approach and has been highly rated for its services, including energy supply, heat pumps, solar and battery solutions, and electric vehicle support.
How Much Funding Has Octopus Energy Raised?
- Private Equity Round
- Amount Raised: USD 655,000,000
- Date: September 2021
- Lead Investors: Generation Investment Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand clean energy solutions and market reach.
- Private Equity Round
- Amount Raised: USD 300,000,000
- Date: December 2021
- Lead Investors: CPP Investments
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop technology and expand market reach.
- Private Equity Round
- Amount Raised: USD 550,000,000
- Date: July 2022
- Lead Investors: CPP Investments
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance clean energy technology and solutions.
- Private Equity Round
- Amount Raised: GBP 625,000,000
- Date: December 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand clean energy initiatives.
- Private Equity Round
- Amount Raised: Not publicly disclosed
- Date: June 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing clean energy projects.
- Corporate Round
- Amount Raised: USD 327,000,000
- Date: May 2020
- Lead Investors: Origin Energy
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market presence and technology.
- Corporate Round
- Amount Raised: USD 247,000,000
- Date: December 2020
- Lead Investors: Tokyo Gas
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance clean energy solutions and market reach.
- Grant
- Amount Raised: Not publicly disclosed
- Date: August 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support clean energy research and development.
Total Amount Raised: USD 2,704,000,000
Current Valuation: Not publicly disclosed
Key Investors
- Octopus Capital
- Details: Octopus Capital is a prominent investment firm known for its significant involvement in the clean energy sector. It has been a lead investor in multiple Private Equity rounds for Octopus Energy Group.
- Investment Focus Areas: CleanTech, Energy, Energy Efficiency, GreenTech, Renewable Energy
- Notable Investments: Lead investor in multiple Private Equity rounds for Octopus Energy Group
- Lightrock
- Details: Lightrock is an investment firm that focuses on sustainable and impact-driven investments. It has been listed as one of the recent investors in Octopus Energy Group.
- Investment Focus Areas: Not specified
- Notable Investments: Not specified
- Generation Investment Management
- Details: Generation Investment Management is a firm that integrates sustainability into its investment strategy. It led a Private Equity round for Octopus Energy in September 2021.
- Investment Focus Areas: Sustainability, Clean Energy, Technology
- Notable Investments: Not specified
- CPP Investments
- Details: CPP Investments is a professional investment management organization that invests the funds of the Canada Pension Plan. It has led multiple Private Equity rounds for Octopus Energy.
- Investment Focus Areas: Infrastructure, Real Estate, Private Equity
- Notable Investments: Not specified
- Tokyo Gas
- Details: Tokyo Gas is a major energy company in Japan, focusing on natural gas and electricity. It was a key investor in a Corporate Round for Octopus Energy in December 2020.
- Investment Focus Areas: Energy, Natural Gas, Electricity
- Notable Investments: Not specified
What's Next for Octopus Energy?
Refusal: The user has requested information based on sources that do not contain the necessary details. The sources provided either result in a "404 Page Not Found" error or are placeholder pages with no relevant information about Octopus Energy. Therefore, it is impossible to fulfill the user's request accurately.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like Octopus Energy and gather other critical business insights.
Sign up for free to start exploring the wealth of information available at your fingertips.
