Origami raises £20m in Series C funding round led by Barclays – PES – Power & Energy Solutions
Summary
Origami’s trading and automation software provides power traders with real-time data and machine-learning decision support tools to reduce risk, improve visibility and capture valuable opportunities within new and rapidly evolving energy markets. The success of this funding round also highlights the increasing investor appetite to back leading tech companies pursuing the reduction of global carbon emissions. I am looking forward to working with them to help achieve our ambitious goals.” Steven Poulter, Head of Principal Structuring and Investments, Barclays, said: “It is becoming increasingly clear that powerful digital solutions, like Origami’s, are critical enablers for maximising the potential of green energy assets such as renewables, batteries, and EVs. Origami’s team combines deep domain knowledge of the energy industry, with advanced software engineering and operational delivery specialists at its offices in Cambridge UK – a global centre of excellence in Artificial Intelligence. The team has 150 years combined experience and over 200 completed deals with deep domain expertise in Enterprise Software & SaaS, Enabling Technologies, Business Services, Internet & Digital Media, FinTech, Mobility and Healthtech.
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