tem

tem, the energy transactions scaleup, has raised $75 million in an oversubscribed Series B round led by Lightspeed Venture Partners, bringing its total funding to $94 million.

Summary of transaction details:

• Value: $75 million
• Sector: Industrials & Energy
• Advisor: Not disclosed
• Key Entities: tem, Lightspeed Venture Partners
• Location: London

Note: The investment in tem demonstrates the growing interest in innovative energy transaction solutions and is expected to drive growth and expansion for the company, with a strong growth trajectory already evident in its surpassing of $300 million annualised gross transaction value.