tem logo — Energy with nothing to hide.

tem

Energy with nothing to hide.

Founded 2021 United Kingdom London, United Kingdom 187 employees Series B Total: $88.10M Energy, Industrial +2

General Information

Company Name tem
Founded Year 2021
Location United Kingdom London, United Kingdom +1
Employees 187
Industries Energy, Industrial, Renewable Energy +1
Funding Stage Series B
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

In The News Aug 21, 2026

Featured on Eu-startups: 10 European GridTech startups helping our energy systems cope

About tem

tem, founded in 2021, is revolutionizing the energy sector with a unique approach to transaction infrastructure. Their slogan, "Redefining how the world transacts energy," aptly captures their mission to facilitate universal access to affordable electricity. Based in the United Kingdom, tem serves over 3,000 customers with their product RED, a modern utility experience offering transparent and 30% cheaper energy.

Leveraging the power of AI, tem is determined to become the trusted platform for global energy transactions, committed to 100% transparency in energy costs. Their recent €75.00M Series B investment on 10 February 2026 underscores their growth potential and market traction.

The funding round was backed by an impressive roster of investors, including Revent, Lightspeed Venture Partners, Atomico, Hitachi Ventures, Schroders Capital, Voyager Ventures, Allianz, and AlbionVC. This strong financial backing positions tem as a promising player in the Energy, Industrial, Renewable Energy, and Energy Efficiency industries.

Taxonomy: Energy Transaction Infrastructure, AI-driven Energy Solutions, Renewable Energy Direct Procurement, Modern Utility Experience, Transparent Energy Pricing, Low-Cost Electricity, Fair Energy Market, Energy Cost Savings, Renewable Energy Incentives, Energy Innovation

Services & Products

Affordable Energy Solutions
Transparent Billing and Contracts
Energy Management Portal
Renewable Energy Sourcing

Target Customers

Businesses Energy Generators Large Corporations seeking sustainable energy options

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 8
Investor Investor Investor Investor Investor Investor
•••• ••••
10 Feb 2026
Series A •••••• 7
Investor Investor
•••• ••••
01 Sep 2024
Seed •••••• 3
Investor Investor Investor
01 Jun 2023
Seed •••••• 1
Investor
01 Jan 2022

tem Alternatives & Competitors

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FAQ About tem

Energy with nothing to hide.
tem was founded in 2021.
tem is headquartered in London, United Kingdom.
tem operates in the following industries: Energy, Industrial, Renewable Energy, Energy Efficiency.
tem has approximately 187 employees.
tem has completed 4 funding rounds, raising a total of $88.10M. The latest funding stage is Series B.
tem offers: Affordable Energy Solutions, Transparent Billing and Contracts, Energy Management Portal, Renewable Energy Sourcing.
Top alternatives and competitors to tem include Cheesecake Energy Ltd, Canadian Renewable Energy Association (CanREA), Companion.energy, EnergiBizz, Fervo Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
tem and Cheesecake Energy Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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