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Home Market Research Startups

Octopus Energy set to ‘release the Kraken’ after AI-powered spin-off hits $500M revenue, 70M accounts

by TheAdviserMagazine
6 months ago
in Startups
Reading Time: 3 mins read
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Octopus Energy set to ‘release the Kraken’ after AI-powered spin-off hits 0M revenue, 70M accounts
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September 19, 2025

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Last update:

September 19, 2025

London-based Octopus Energy Group (OEG) announced the spin-off of its technology company — Kraken.

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Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned technology journalist with almost a decade of experience, he covers the European startup ecosystem, from AI and Web3 to clean energy and health tech. Previously, he was a content producer and consumer product reviewer for leading Indian digital media, including NDTV, GizBot, and FoneArena. He graduated with a Bachelor’s degree in Electronics and Instrumentation in Chennai and a Diploma in Broadcasting Journalism in New Delhi.



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Tags: 500m70MAccountsAIpoweredenergyHitsKrakenOctopusReleaseRevenuesetSpinoff
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