Kraken Valuation Surges on Strategic Deals and Stand-Alone Push
Source: Kapitales Research
Highlights:
Origin Energy Limited (ASX: ORG)-backed Kraken has surged in valuation to nearly $13 billion, following a series of strategic deals and fresh investor interest.
The platform is transitioning into a stand-alone international business, allowing it to pursue new expansion opportunities beyond its existing alliances.
The move strengthens Origin’s exposure to high-growth energy technology while supporting the digital transformation of utilities worldwide.
Origin Energy Limited (ASX: ORG), the Australian electricity and gas retailer, is making headlines with its stake in Kraken Technologies, an AI-powered utility software platform now valued at nearly US$8.65 billion–$13 billion after a major independent capital raise, setting the stage for Kraken to operate as a stand-alone business at the time of writing. The surge in valuation underscores strong investor demand for digital infrastructure in the fast-evolving energy sector and highlights the payoff from Origin’s early commitment to technology-driven energy solutions.
Major Funding Drive and Strategic Positioning
Kraken’s latest standalone equity raising — backed by prominent global institutional investors — has propelled its valuation into the multibillion-dollar range. Origin Energy has contributed US$140 million to the equity raise while agreeing to waive its domestic exclusivity to Kraken’s platform in Australia, freeing the company to expand its footprint across multiple utility partners worldwide. In return, Origin secured an additional 1.5 per cent equity interest, maintaining its economic stake in Kraken at the time of writing.
This move not only unlocks Kraken’s potential as a global software powerhouse but also positions Origin to benefit from the rapid uptake of cloud-based utility technology — particularly as energy providers seek scalable, AI-enhanced solutions to manage grids increasingly dominated by renewables and distributed resources.
Outlook for Independence and Growth
Kraken, initially developed by Octopus Energy in the United Kingdom, has already been licensed by major global utilities and supports tens of millions of customer accounts. With its formal separation from Octopus now accelerating, the platform is poised to capitalize on demand for next-gen utility tools that streamline billing, customer management and system optimisation. Industry watchers say Kraken’s valuation milestone could pave the way for future public listing or further partnership deals, signaling a transformational chapter for technology in the global energy transition.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
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Kraken Valuation Surges on Strategic Deals and Stand-Alone Push
Highlights:
Origin Energy Limited (ASX: ORG), the Australian electricity and gas retailer, is making headlines with its stake in Kraken Technologies, an AI-powered utility software platform now valued at nearly US$8.65 billion–$13 billion after a major independent capital raise, setting the stage for Kraken to operate as a stand-alone business at the time of writing. The surge in valuation underscores strong investor demand for digital infrastructure in the fast-evolving energy sector and highlights the payoff from Origin’s early commitment to technology-driven energy solutions.
Major Funding Drive and Strategic Positioning
Kraken’s latest standalone equity raising — backed by prominent global institutional investors — has propelled its valuation into the multibillion-dollar range. Origin Energy has contributed US$140 million to the equity raise while agreeing to waive its domestic exclusivity to Kraken’s platform in Australia, freeing the company to expand its footprint across multiple utility partners worldwide. In return, Origin secured an additional 1.5 per cent equity interest, maintaining its economic stake in Kraken at the time of writing.
This move not only unlocks Kraken’s potential as a global software powerhouse but also positions Origin to benefit from the rapid uptake of cloud-based utility technology — particularly as energy providers seek scalable, AI-enhanced solutions to manage grids increasingly dominated by renewables and distributed resources.
Outlook for Independence and Growth
Kraken, initially developed by Octopus Energy in the United Kingdom, has already been licensed by major global utilities and supports tens of millions of customer accounts. With its formal separation from Octopus now accelerating, the platform is poised to capitalize on demand for next-gen utility tools that streamline billing, customer management and system optimisation. Industry watchers say Kraken’s valuation milestone could pave the way for future public listing or further partnership deals, signaling a transformational chapter for technology in the global energy transition.
Disclaimer for Kapitales Research
The materials provided by Kapitales Research, including articles, news, data, reports, opinions, images, charts, and videos ("Content"), are intended for personal, non-commercial use only. The primary goal of this Content is to educate and inform readers. This Content is not meant to offer financial advice, nor does it include any recommendation or opinion that should be relied upon for making financial decisions. Certain Content on this platform may be sponsored or unsponsored, but it does not serve as a solicitation or endorsement to buy, sell, or hold any securities, nor does it encourage any specific investment activities. Kapitales Research is not authorized to provide investment advice, and we strongly advise users to seek guidance from a qualified financial professional, such as a financial advisor or stockbroker, before making any investment choices. Kapitales Research disclaims all liability for any direct, indirect, incidental, or consequential damages arising from the use of the Content, which is provided without any warranties. The opinions expressed by contributors or guests are their own and do not necessarily reflect the views of Kapitales Research. Media such as images or music used on this platform are either owned by Kapitales Research, sourced through paid subscriptions, or believed to be in the public domain. We have made reasonable efforts to credit sources where appropriate. Kapitales Research does not claim ownership of any third-party media unless explicitly stated otherwise.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au