Octopus Energy
Octopus Energy builds technology that reduces the cost of energy to improve customer experience.
Octopus Energy has raised €2.5B across 7 funding rounds from 9 investors, most recently a round in Jun 2024. Based in London, UK; founded 2015; active in Energy. Data as of 28 Oct 2026.
Total raised
€2.5B
€2,524,078,761
Funding rounds
7
Investors
9
distinct backers
Active since
2020-12
latest 2024-06
Funding by year
EUR raised per yearOctopus Energy — funding by year — interactive chart.
Data table
| Octopus Energy — funding by year | |
|---|---|
| 2020 | €228M |
| 2021 | €780M |
| 2022 | €542M |
| 2023 | €1.0B |
| 2024 | €0 |
Signals
High confidenceRaise-next likelihood16
base rate 30% for Other
- ▼ Past typical raise window
- ▲ Up-round momentum
Exit likelihood23
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 7 rounds raised
- ▲ 11y since founding (typical exit age)
- ▼ No recent equity round (debt-only or quiet)
Timing: overdue vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
7 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2024-06-07 | Other | — | Galvanize Climate Solutions,Lightrock | View deal → |
| 2023-12-19 | Other | €800M | Canada Pension Plan Investment Board,Generation Investment Management,Origin Energy,Tokyo Gas | View deal → |
| 2023-06-21 | Other | €175M | Pollen Street Capital | View deal → |
| 2022-07-27 | Other | €542M | Canada Pension Plan Investment Board,Existing Shareholders | View deal → |
| 2021-12-10 | Other | €266M | CPP Investments | View deal → |
| 2021-09-28 | Other | €514M | Generation Investment Management,Origin Energy | View deal → |
| 2020-12-24 | Growth/Late | €228M | Tokyo Gas | View deal → |
Investors
9Acquisitions
2- Bulb2022
- Plum Energie2022
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