London-based energy software company Tem has closed a $75 million Series B round led by Lightspeed Venture Partners, with additional funding from AlbionVC, Atomico, Hitachi Ventures, Schroders Capital, Voyager Ventures, Allianz, and others. The round reportedly values the company at more than $300 million and will fund its expansion into the United States and Australia. Tem builds an AI-native energy platform designed to automate the pricing, matching, and execution of electricity transactions, a market that has long relied on manual processes and legacy infrastructure. Its core system uses machine learning to forecast supply and demand, match buyers with suppliers, and…
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