Tem raised $75 million to apply AI to remake electricity markets.
- Amount
- $75M
- Announced
- 9 February 2026
- Lead
- Lightspeed Venture Partners
- Other investors
- AlbionVC, Allianz, Atomico, Hitachi Ventures, Revent, Schroders Capital, Voyager Ventures
- Use of funds
- Help expand to Australia and the U.S., starting with Texas.
- Total raised
- $94M to date
- Valuation
- $300M
- Checked
- Amount and date checked against the press source