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Tem raises $75M in Series B funding led by Lightspeed Venture Partners to enhance AI-driven automation in electricity markets.

PRIVATEFeb 10, 20264 months ago

Amount Raised

$75 Million

Round Type

series b

LondonEnergyArtificial IntelligenceRenewable Energy

Investors

Schroders CapitalVoyager VenturesHitachi VenturesReventAlbion VcAtomicoLightspeed Venture Partners

Description

Tem just closed a $75 million funding round to bring AI-powered automation to electricity markets. The London-based startup plans to use the capital to expand into the U.S. and Australian markets. This Series B round attracted investors including Lightspeed Venture Partners, Atomico, AlbionVC, and others

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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Predictive Intelligence
Strategic

ML-powered predictions for tem.'s next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

Watching tem.? See every signal — funding, hires, M&A, contracts, sentiment.

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