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title: Tem raises $75M to remake electricity markets using AI
description: London-based startup Tem raised $75M Series B to expand its AI-powered electricity trading platform to the US and Australia. The company operates a transaction...
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og:description: London-based startup Tem raised $75M Series B to expand its AI-powered electricity trading platform to the US and Australia. The company operates a transaction...
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# Tem raises $75M to remake electricity markets using AI

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments

## Summary

London-based startup Tem raised $75M Series B to expand its AI-powered electricity trading platform to the US and Australia. The company operates a transaction engine (Rosso) that uses machine learning to match renewable energy generators with business customers, promising up to 30% cost savings by eliminating intermediaries. Tem currently serves 2,600+ UK businesses through its utility division RED, with plans to eventually open its infrastructure to other utilities as a marketplace play similar to AWS or Stripe.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/02/09/tem-raises-75m-to-remake-electricity-markets-using-ai/>

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---

Tags: [#ai](https://daily.dev/tags/ai), [#machine-learning](https://daily.dev/tags/machine-learning), [#infrastructure](https://daily.dev/tags/infrastructure)

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