Back to Deals
Value £59,250,000
Summary
London-based energy technology platform Tem has secured $75 million in fresh funding led by Lightspeed Venture Partners, valuing the business at approximately $300 million.
Summary of transaction details:
- Value: $75 million
- Sector: DeepTech & AI / Energy Tech
- Advisor: Not mentioned
- Key Entities: Tem (Target), Lightspeed Venture Partners (Lead Investor), Hitachi Ventures (Existing Investor), Atomico (Existing Investor)
- Location: London, United Kingdom
Note: This transaction qualifies as a genuine corporate VC funding round intended to accelerate international scaling and technological expansion into the US market.
Lead Investor / Acquirer
Lightspeed Venture Partners
Advising Broker
Undisclosed Firm
Related Deals in DeepTech & AI
Series A prioritisedOriginal Source
View the original press release or news article describing this transaction in full.
Read Original PostAI Insight Lenses
ProAI-generated analysis from four professional perspectives. Powered by PE Deals.
Sign in to unlock AI Lenses
Sign in