electric grid

Exclusive: Tem raises $75M to reshape electricity markets with AI | TechCrunch

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High tension power lines against a sunset

As AI data centers drive up electricity prices, London-based startup Tem thinks AI could help solve that, too. Tem has built an energy transaction engine that connects to AI and lowers prices compared to other energy traders. The company signed up more than 2,600 business customers across the UK with the promise that buying power … Read more

Lunar Energy raises $232 million to deploy home batteries that power the grid | TechCrunch

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A stationary battery is attached to a home.

Forget EVs – stationary batteries are increasingly popular and invested in in the US these days. Startup Lunar Energy is the latest example. The six-year-old company, which makes batteries for homeowners in California, Georgia and Washington, said Wednesday it has completed two major rounds of financing. The startup shared a previously unannounced $130 million Series … Read more