Fundraising Fox
Tem
229 employees on LinkedIn · 8 known investors
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tem builds AI-based transaction infrastructure for buying and selling energy, and operates RED™, an AI-native utility that supplies businesses with traceable renewable electricity at lower cost. It serves business energy customers as well as brokers, consultants, and power generators, aiming to remove wholesale market markups and provide transparent, usage-based billing.
Founders & leadership
Investors · 8
How we know: AlbionVC's portfolio page · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: techcrunch.com · the VCSheet dataset · atomico.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Lightspeed Venture Partners's portfolio page · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Revent's portfolio page · techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
Also in the syndicate · 3
Funding
SEC filings, press & company announcements$75M disclosed across 1 round · 2026
- $75MSeries BFeb 2026
Lightspeed Venture Partners (lead), AlbionVC, Allianz, Atomico, Hitachi Ventures, Revent, Schroders Capital, Voyager Ventures
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Tem do?
- tem builds AI-based transaction infrastructure for buying and selling energy, and operates RED™, an AI-native utility that supplies businesses with traceable renewable electricity at lower cost. It serves business energy customers as well as brokers, consultants, and power generators, aiming to remove wholesale market markups and provide transparent, usage-based billing.
- Who founded Tem?
- Tem was founded by Joe McDonald.
- Who are Tem's investors?
- Tem's investors include AlbionVC, Atomico, Hitachi Ventures, Lightspeed Venture Partners, Revent.
- How much funding has Tem raised?
- Tem has disclosed $75M raised across 1 round.