KrakenFlex Overview
- Founded
-
2013

- Status
-
Acquired/Merged
- Employees
-
41

- Latest Deal Type
-
M&A
KrakenFlex General Information
Description
Developer of a cloud-based energy system management platform designed to aggregate and manage different types of renewable energy assets. The company's platform uses advanced algorithms and artificial intelligence to manage and monetize very large portfolios of diversified and distributed energy assets, enabling clients to capitalize on new opportunities, while supporting an acceleration in the use of renewable technologies, and create a more sustainable and efficient power network.
Contact Information
Website
www.krakenflex.com
Formerly Known As
Upside Energies
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Energy Services
Other Industries
Business/Productivity Software
Environmental Services (B2B)
Parent Company
Primary Office
- 1 Fore Street Avenue
- London
- England, United Kingdom
KrakenFlex Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
22. Merger/Acquisition | 03-Nov-2020 | 00.000 | Completed | Generating Revenue | ||
21. Grant | 01-Oct-2020 | 000.00 | 00.000 | Completed | ||
20. Grant | 01-Sep-2019 | 00000 | 00.000 | Completed | ||
19. Grant | 01-Jan-2019 | 000.00 | 00.000 | Completed | ||
18. Grant | 18-Oct-2018 | 00.000 | Completed | Generating Revenue | ||
17. Grant | 01-Sep-2018 | 00000 | 00.000 | Completed | ||
16. Grant | 01-Jul-2018 | 0000 | 00.000 | Completed | ||
15. Grant | 01-Jun-2018 | 00000 | 00.000 | Completed | ||
14. Early Stage VC (Series A) | 04-Jan-2018 | $7.38M | $8.09M | Completed | Generating Revenue | |
13. Grant | 01-Jul-2017 | $731K | $709K | Completed |
KrakenFlex Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | 0,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 0.000 | |
Ordinary | 00,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.00 | |
Ordinary | 00,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | |
Tripod | 20,000 | $0.001342 | $67.08 | $67.08 | 1x | $67.08 | 4.26% | |
Ordinary | 20,000 | $0.001342 | $1.68 | $1.68 | 1x | $1.68 | 4.26% |
KrakenFlex Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a cloud-based energy system management platform designed to aggregate and manage different types of renewab
Other Energy Services
London, United Kingdom
41
As of 2021
00.000
000000&0
00.000
KrakenFlex Competitors (7)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
AutoGrid | Venture Capital-Backed | Redwood City, CA | 000 | 00000 | 000000&0 | 00000 |
00000000 | Corporate Backed or Acquired | Royal Oak, MI | 00 | 0000000000 0 | ||
0000000 | Private Equity-Backed | Boulder, CO | 000 | 00000 | 000000000000 | |
0000000 | Venture Capital-Backed | Mountain View, CA | 000 | 000.00 | 00000000000 | 000.00 |
000000000 | Formerly VC-backed | Sunnyvale, CA | 000 | 000.00 | 000000&0 | 000.00 |
KrakenFlex Patents
KrakenFlex Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
GB-2565080-A | A system and method for controlling devices in a power distribution network | Pending | 31-Jul-2017 | 00000000 | |
GB-201712298-D0 | A system and method for controlling devices in a power distribution network | Pending | 31-Jul-2017 | 00000000 | |
GB-2551393-A | A system and method for controlling devices in a power distribution network | Pending | 17-Jun-2016 | 00000000 | 0 |
GB-201610634-D0 | A system and method for controlling devices in a power distribution network | Pending | 17-Jun-2016 | 00000000 | |
US-20190348839-A1 | A system and method for controlling devices in a power distribution network | Abandoned | 17-Jun-2016 | H02J3/32 | 0 |
KrakenFlex Executive Team (12)
KrakenFlex Signals
KrakenFlex Former Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Bulldog Innovation Group | Venture Capital | Minority | 000 0000 | 000000 0 | |
Christopher Joly | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Department of Energy and Climate Change | Limited Partner | 000 0000 | 000000 0 | ||
EIT Climate-KIC | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
Government of UK | Government | 000 0000 | 000000 0 |