Fundraising Fox

Tem

229 employees on LinkedIn · 8 known investors

Find your way into Tem

131 people in our graph share verified history with the Tem team — schools, employers, funds. One of them is your warm intro.

Moreno Bonaventuraunlockedknows Joe McDonald · together at Queen Mary University of London (overlapped)
×10knows the team · via Queen Mary University of London
knows the team · via Tem

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

JMJoe McDonald
Joe McDonaldinCo-Founder & CEOFounder of Tem, which builds AI-based transaction infrastructure for buying and selling energy and operates RED, a utility supplying businesses with traceable renewable electricity. He was shortlisted for Young Energy Professional of the Year in 2017 and named to the Forbes 30 Under 30 Europe list.

Investors · 8

Also in the syndicate · 3

AllianzSchroders CapitalVoyager Ventures

Funding

SEC filings, press & company announcements

$75M disclosed across 1 round · 2026

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, Hitachi Ventures, Revent, Atomico, Lightspeed Venture Partners.
How much funding has Tem raised?
Tem has disclosed $75M raised across 1 round.