Kraken
Updated: January 06, 2026
CEO Amir Orad
Country: UK | Funding: $1B (+)
Founded: 2019
Website: https://kraken.tech/
Kraken is a spinoff of Octopus Energy, a company building a virtual grid for renewable energy supply. Kraken is the AI software that manages this grid, and Octopus has decided to sell it separately to other energy utilities. Kraken provides a suite of tools for managing the grid and customer base, forecasting load and income, organizing support and creating new products and tariffs. It also enables field operations management, including collaboration with local contractors, real-time network data retrieval to monitor performance, identify faults and allows to precisely manage capacity loads arising from the expansion of distributed energy sources. Kraken supplies its energy software to such utility companies as EDF and E.ON.
Founded: 2019
Website: https://kraken.tech/
Kraken is a spinoff of Octopus Energy, a company building a virtual grid for renewable energy supply. Kraken is the AI software that manages this grid, and Octopus has decided to sell it separately to other energy utilities. Kraken provides a suite of tools for managing the grid and customer base, forecasting load and income, organizing support and creating new products and tariffs. It also enables field operations management, including collaboration with local contractors, real-time network data retrieval to monitor performance, identify faults and allows to precisely manage capacity loads arising from the expansion of distributed energy sources. Kraken supplies its energy software to such utility companies as EDF and E.ON.
