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Energy transactions company tem raises $75M in Series B to expand Rosso infrastructure product. tem appoints Berian James as GM to open the platform to third-party customers.
Amount Raised
$75 Million
Round Type
Series B
LondonEnergyArtificial IntelligenceRenewable EnergyDescription
tem, an energy transactions company, raised $75 million in a Series B funding round to support the growth of Rosso, its energy transaction system. The funding has enabled tem to more than double its team over the past year. Rosso has facilitated over 6TWh of energy transactions across 8,000+ sites and returned over $80 million in transaction fees to customers. tem has appointed Berian James as General Manager of Rosso to lead the expansion of the product to external customers and enable other businesses to price energy and run operations via API or white-label solutions.
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 meanstem. 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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