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December 23, 2020 09:51 am GMT

AI-driven energy startup Octopus hits $2Bn mark after $200M investment from Tokyo Gas

Youve heard of challenger banks? Now meet the challenger energy suppliers. The UKs Octopus Energy has attained a $2.06 billion valuation (1.5 billion) after attracting a $200 million (150 million) investment from Tokyo Gas for a 9.7% stake, in order to launch a joint venture. Octopus will own 30% of the venture, with Tokyo Gas […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/M30hvpn5lpc/

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