Tem: A UK Startup Disrupting the Energy Market with Business-to-Renewable Tech

Tem, a London-based startup, is aiming to revolutionize the UK energy market by connecting businesses directly to renewable energy sources, much like how neobanks have disrupted the financial sector. This approach eliminates the need for traditional energy suppliers and offers businesses a more sustainable and cost-effective way to meet their energy needs.

Tem's Mission: Enabling Businesses to Bypass Big Energy

Tem's core mission is to empower businesses to bypass large energy providers and their often-high prices. The company's platform connects businesses directly with renewable energy generators, enabling them to access clean, affordable energy.

• Tem's AI-powered matching algorithm facilitates efficient pairing between businesses and renewable energy generators, ensuring a seamless experience.
• Tem's approach emphasizes transparency, providing businesses with insights into their energy consumption and the origin of their power.
• The startup is committed to helping businesses achieve their climate targets by simplifying access to renewable energy sources.

Tem's Series A Funding: A Milestone in the Startup's Growth

Tem recently secured £10.5 million in Series A funding, led by Atomico, a European venture capital firm. This investment signifies the significant potential Tem holds in the rapidly evolving energy sector.

• This funding will fuel Tem's expansion plans, allowing the startup to grow its customer base and enhance its platform.
• Tem aims to expand its operations internationally, focusing on markets with ambitious renewable energy targets, such as Germany, the Nordics, and eventually, the United States.

Tem's Unique Approach to the Energy Market

Tem differentiates itself from traditional energy suppliers and other startups in the space through its direct business-to-generator approach. This model allows businesses to access more affordable and sustainable energy while minimizing reliance on the traditional wholesale market.

• Tem's platform bypasses the complexities and costs associated with traditional power purchase agreements, making renewable energy more accessible to a wider range of businesses.
• The startup offers competitive pricing and transparent billing, giving businesses greater control over their energy expenses.

Tem's Impact on the UK's Climate Goals

Tem's focus on connecting businesses with renewable energy sources directly aligns with the UK's commitment to achieving climate neutrality by 2050. By providing businesses with access to clean, affordable energy, Tem encourages the adoption of sustainable energy practices across various sectors.

• Tem's approach empowers businesses to reduce their carbon footprint and contribute to a greener future.
• The startup's success hinges on its ability to drive widespread adoption of renewable energy sources, making a tangible difference in the fight against climate change.

Tem's Vision for the Future: Leading the Green Energy Revolution

Tem envisions a future where businesses have the power to choose clean and sustainable energy sources, breaking free from the constraints of traditional energy suppliers. The startup is poised to play a leading role in this green energy revolution, transforming the way businesses consume and generate power.

• Tem's innovative approach to the energy market is paving the way for a more sustainable and equitable future.
• The startup's mission to democratize access to clean energy is driving a positive change in the industry and helping businesses contribute to a greener planet.

Tem's Success: A Testament to the Power of Innovation in the Energy Sector

Tem's success underscores the significant potential of technology to disrupt traditional industries and drive positive change. By harnessing the power of innovation, Tem is transforming the UK energy market and paving the way for a more sustainable future.

• Tem's commitment to environmental sustainability is creating a ripple effect, inspiring other businesses and individuals to embrace cleaner energy solutions.
• The startup's success story is a testament to the transformative power of innovation in the face of pressing global challenges.