Origami Energy secured initial funding of £4m in the summer of 2014 to develop the concept and fund our field trials. These started in September 2015 and we have successfully proved that we can use our technology solution to safely control assets and deliver valuable commercial services.
Our vision for the energy market was further endorsed in February 2016 when we secured a second round of funding of £13.7m to demonstrate our business model.
The ventures team manage a portfolio of £300 million, whilst the whole company has over £5bn under management. Octopus focuses on identifying fast-growth companies that can scale explosively to create, transform or dominate an industry.
A Norwegian family company dating back to 1848, which operates both in Norway and the UK in a diverse range of sectors including energy.
Cambridge Innovation Capital (CIC) invests in intellectual property rich companies in the Cambridge Cluster. CIC’s ambition is to identify, shape, nurture and inspire category leaders in rapidly growing technology sectors.