tem. a London, UK-based clean energy company, raised £2.5M in Seed funding.
The round was led by AlbionVC, with participation from Revent, as well as fintech angel Christian Deger (Payworks founder and CEO).
The company intends to use the funds to expand its team and improve the product and open up the platform to more customers in 2023.
Led by CEO Joe McDonald, tem. is enabling businesses of all shapes and sizes to purchase energy directly from renewable generators via an AI-driven platform that identifies the best possible matches between businesses and renewable energy generators. It then fully manages the end to end transaction between all parties directly rather than going through traditional markets.
Since October 2022, tem. has transacted £10m+ in energy transactions in the UK alone and is set to scale to 100 GW of annualised renewables contracted.
FinSMEs
12/06/2023