Fundz

tem. raised £10.5M in a Series A funding round to enhance its AI-powered renewable energy platform, catering to UK businesses seeking affordable energy solutions.

PRIVATESep 11, 2024

Amount Raised

£10.5 Million

Round Type

Series A

LondonEnergyArtificial IntelligenceRenewable Energy

Description

tem., an AI transactions platform, has secured £10.5 million in Series A funding, bringing its total funding to £13 million. The platform connects UK businesses directly to renewable energy generators, helping them save on energy costs while promoting sustainability.

Quick answer

tem. raised £10.5 Million in a Series A round, dated September 11, 2024. tem. is based in London, England, United Kingdom.

How much did tem. raise?
tem. raised £10.5 Million in a Series A round on September 11, 2024.
What does tem. do?
tem. is an AI transactions platform that enables UK businesses to buy energy directly from renewable generators at lower costs than traditional fossil fuels.
Where is tem. based and how big is it?
tem. is based in London, England, United Kingdom. Fundz records about 136 employees.
Who are the decision-makers at tem?
Fundz holds 1 contact at tem. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at tem., and when

A new round usually means tem. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day tem. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at tem., from your own LinkedIn network

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Company Information

Company

tem.

Location

London, England, United Kingdom

About

tem. is an AI transactions platform that enables UK businesses to buy energy directly from renewable generators at lower costs than traditional fossil fuels. Its proprietary algorithm matches businesses with renewable energy providers in real-time, optimizing for fluctuations in supply and demand. The platform aims to save businesses up to 25% on their energy bills while ensuring 100% traceable renewable energy. By connecting smaller businesses with a decentralized network of over 22,000 renewable generators, tem. facilitates a clean energy transition.

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Fundz sees it the moment tem. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

tem. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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