KrakenFlex, founded in 2013, stands at the intersection of Energy and Energy Efficiency. It is renowned for its advanced technology that empowers the real-time management and optimization of distributed energy resources (DERs) for major utilities and network operators. The company's cutting-edge solutions enable efficient monitoring and management of DERs at scale.
With the slogan, "Empowering real-time management and optimization of distributed energy resources for utilities and network operators at scale," KrakenFlex has been strategically positioned to address critical challenges in energy distribution and efficiency. As the demand for sustainable energy solutions grows, KrakenFlex offers substantial value by ensuring the seamless and efficient operation of energy networks.
The company attracted significant investor interest, evidenced by a £5.50M Series A investment on 22 December 2017, led by investors including Bulldog Innovation Group, Modern Energy Management, SystemiQ, and Legal & General. This funding underscores strong investor confidence in KrakenFlex's potential and innovative approach to energy resource management.