Origami powers up $26.3m round

Apr 9, 2018 •

Origami has welcomed a follow-on investment from Cambridge Innovation Capital as it prepares to take its energy management and control platform into international markets.

UK-based energy distribution management software developer Origami Energy closed an £18.6m ($26.3m) series B round on Thursday with a consortium featuring Cambridge Innovation Capital (CIC), the patient capital fund affliated with University of Cambridge.

The round also featured power production services provider Aggreko, as well as unspecified subsidiaries of shipping group Fred Olsen and investment firm Octopus Ventures.

Founded in 2013, Origami Energy has developed technology to remotely monitor and control energy distribution flows in real-time. The system can faciliate…

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