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Industries
Data & Analytics
Automotive & Transportation
Energy
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$2.5B
Headquarters
London, United Kingdom
Founded
2016
Octopus Energy provides affordable green energy solutions to households and businesses across multiple countries, including the UK, US, Japan, Germany, New Zealand, and Australia. The company focuses on the renewable energy market and utilizes technology and data to enhance its services. Octopus Energy sells energy directly to consumers and licenses its proprietary Kraken technology platform to other energy providers, which helps streamline operations and improve customer experience. Unlike many competitors, Octopus Energy emphasizes sustainability and offers additional services such as electric vehicle solutions and energy management. The company's goal is to make green energy accessible and affordable for everyone.
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Total Funding
$2546M
Above
Industry Average
Funded Over
2 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Company Match
Parental Leave
Flexible Work Hours
Company Equity
OE Group Share Scheme
Thursday, 03 April 2025The 714 MW East Anglia One wind farm is one of the world’s largest operational wind farms and is located 43 kilometres off the coast of Suffolk, supplying green energy to the UK since 2021.It consists of 102 offshore wind turbines and is among the top 10 largest wind farms in the world, generating enough clean power to electrify around 700,000 homes a year.The latest investment by Octopus Energy is the company’s fourth investment in a British offshore wind farm and its seventh in Europe, following stakes in Hornsea One, Lincs and Walney Extension in Britain, Butendiek in Germany, and Borssele V and Borssele III & IV in the Netherlands. The company has also announced plans to enter the French offshore wind tender to develop a brand new offshore wind farm in partnership with Skyborn Renewables.Octopus Energy Generation – one of Europe’s largest renewables-only investors – has already surpassed $2 billion in offshore wind deals in two years.Octopus acquired this latest wind farm stake from Macquarie Asset Management on behalf of Vector, Octopus’ innovative offshore wind fund, which invests in fixed and floating offshore wind and pioneering tech to reduce costs.In addition to expanding its offshore wind portfolio, Octopus is also driving the creation of new wind farms globally through investments in developers and innovations like its ‘Fan Club’, which offers customers cheaper electricity when it’s windy.“Britain is blessed with strong winds and long coastlines – perfect conditions for offshore wind” said Zoisa North-Bond, CEO of Octopus Energy Generation. “The sector has become a vital pillar of our energy system over the past years, and this investment will help to turbocharge this clean technology further, bringing cheaper, greener power to people across the country.”For additional information:Octopus Energy
Updated regularly - Your Avro energy account is moving to Octopus. Find all important updates and answers to the most frequently asked questions here.
Avro Energy collapsed and ceased operations in September 2021 due to several factors, primarily linked to the volatility in the energy market and the company’s financial struggles. Their customers were taken over by Octopus Energy.
Octopus Energy’s generation arm has announced a new investment in Nordic Generation Fuels (NGF) to accelerate clean air travel.
Acquisitions are a central part of Octopus' expansion strategy. It's acquired at least 15 companies — and says there are more to come.
£24.3k/yr
Coventry, UK
London, UK
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Industries
Data & Analytics
Automotive & Transportation
Energy
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$2.5B
Headquarters
London, United Kingdom
Founded
2016
Weybridge, UK
£24.3k/yr
Coventry, UK
London, UK
Find jobs on Simplify and start your career today
Software Engineering
6 Open Roles
Mechanical Engineering
6 Open Roles
IT & Security
4 Open Roles
Electrical Engineering
3 Open Roles
QA & Testing
1 Open Roles
Data & Analytics
1 Open Roles
Quantitative Finance
1 Open Roles
DevOps & Infrastructure
1 Open Roles
AI & Machine Learning
1 Open Roles
Customer Experience & Support
8 Open Roles
Discover companies similar to Octopus Energy