Greg Jackson spins off Octopus’ tech arm Kraken after $1bn injection December 30, 2025 Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners, with new investors including Fidelity International, Durable Capital Partners and Ontario Teachers’ Pension Plan Board. Kraken – which is an AI-powered platform now contracted [...]
IG pockets £75m after disposal of future exchange platform to beef up crypto capabilities October 16, 2025 Investment broker IG has disposed of its future exchange platform, Small Exchange Inc, as part of a partnership with global crypto exchange Kraken. IG sold the Chicago-based company, which it purchased in 2023, to Payward Inc., the parent company of popular cryptocurrency platform Kraken, for $100m (£74.9m). The sale consisted of $32.5m in cash and [...]
Greg Jackson spins off Kraken from Octopus Energy September 18, 2025 Greg Jackson’s Octopus Energy has announced the spin-off of its technology arm Kraken to become a standalone business. The group said the move is aimed at “speeding up the platform’s expansion across the globe” and allowing Kraken to “fast-track investments into its technology, expand into new energy markets and regions, and drive innovation”. Kraken has [...]