When was tem founded?

tem was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is tem located?

tem is headquartered in London, United Kingdom. It is registered at 9 GLASGOW ROAD,PAISLEY,SCOTLAND,PA1 3QS.

Which legal entities is tem associated with?

tem is associated with TEM-ENERGY LIMITED and 1 other.

How many employees does tem have?

As of Aug 31, 2026, the latest employee count at tem is 240.

Is tem a funded company?

tem is a funded company, having raised a total of $95.8M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 25, 2022.

How much is tem worth?

The latest valuation of tem is £***** as of Aug 22, 2024.

When was the latest funding round of tem?

tem's latest funding was a $***** Series B round on Feb 09, 2026, with participation from 8 investors. Its primary sector is Renewable Energy Tech. In United Kingdom, the Renewable Energy Tech sector has seen $140M in funding in 2026 to date.

Where does tem rank among its competitors?

tem ranks 2nd amongst 152 active competitors, of which 31 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Entrix, which secured $49.8M in Mar, 2026.

Who are the top competitors of tem?

tem's top competitors include Entrix, Enmacc and Power Ledger. Among them, Entrix secured the most recent funding round in March, 2026.

tem - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of renewable electricity semiconductors manufacturing services. It operates a platform called renewable energy direct (RED), which connects businesses directly with UK-based renewable energy generators, bypassing traditional energy wholesalers and utilities. This approach eliminates middlemen and associated markups, resulting in lower costs for businesses and more revenue for renewable generators.

Website: www.tem.energy/
Social
Email ID: *****@tem.energy
Registered Address: 9 GLASGOW ROAD,PAISLEY,SCOTLAND,PA1 3QS

Key Metrics

Founded Year

2021

Location

London, United Kingdom

Stage

Series B

Total Funding

$95.8M in 5 rounds

Latest Funding Round

Series B, Feb 09, 2026, $*****

Post Money Valuation

£***** as on Aug 22, 2024

Investors

Lightspeed Venture Partners & 16 more

Ranked

2^nd among 152 active competitors

Employee Count

240 as on Aug 31, 2026

Similar Companies

Entrix & 43 more

View tem's full profile

tem is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TEM-ENERGY LIMITED CIN: 13499591 , United Kingdom, Active	Jul 06, 2021	-	24 (As on Jul 31, 2024)
TEM LTD CIN: SC347529 , United Kingdom, Active	Aug 25, 2008	-	7 (As on Aug 31, 2024)

tem has raised a total funding of $95.8M over 5 rounds. Its first funding round was on Jan 25, 2022. Its latest funding round was a Series B round on Feb 09, 2026 for $*****. 8 investors participated in its latest round. tem has 15 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of tem:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 09, 2026	7809795	Series B	2959855	8118816	9794421	4582218
May 22, 2024	2120137	Series A	1332798	6866991	9324174	AlbionVC & 1 more
Jun 12, 2023	6089127	Seed	9838794	2302769	AlbionVC	Revent & 1 more

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View details of tem's funding rounds and investors

The founders of tem are Bartlomiej Szostek, Jason Stocks and Ross Mackay.

Here are the details of tem's key team members:

Bartlomiej Szostek: Co-Founder & CTO of tem.
Jason Stocks: Co-Founder of tem.
Contact Info: 1 email address
Ross Mackay: Co-Founder of tem.
Contact Info: 1 email address

View details of tem's Founder profiles and Board Members

tem's employee count trend

tem has 240 employees as of Aug 26. Here is tem's employee count trend over the years:

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Top competitors of tem include Entrix, Enmacc and Power Ledger. Here is the list of Top 10 competitors of tem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Entrix 2021, Munich (Germany), Series A	Optimization and trading platform for energy storage	$49.8M	Enpal, KRAFTWERK ventures & 20 others	59/100
2nd	tem 2021, London (United Kingdom), Series B	Provider of renewable electricity semiconductors manufacturing services	$95.8M	Atomico, Allianz & 15 others	59/100
3rd	Enmacc 2016, Munich (Germany), Series B	OTC energy trading platform for investors	$11.1M	Piton Capital, Alantra & 9 others	58/100
4th	Power Ledger 2016, Perth (Australia), Seed	Online platform offering energy trading solutions	-	27th Street Capital, Shell & 17 others	57/100
5th	Digital Grid 2017, Chiyoda City (Japan), Public	Provider of transmission and distribution management solutions	$12.4M	Toyota Tsusho, World Innovation Lab & 1 others	51/100
6th	Drift 2015, Seattle (United States), Series A	Offering solutions for energy trading and tracking	$9.1M	First Round Capital, Lerer Hippeau & 10 others	47/100
7th	Neufin 2022, Mumbai (India), Seed	Provider of an online lending platform offering green financing	$1.13M	Good Capital, Better Capital & 14 others	46/100
8th	Vandebron 2013, Amsterdam (Netherlands), Acquired	Online marketplace for retail power consumers	$2.24M	Ponooc, SHIFT Invest & 4 others	46/100
9th	Energy Capital & Power 2021, Cape Town (South Africa), Unfunded	Alternative investment platform for energy and power	-	-	44/100
10th	Dare 2016, London (United Kingdom), Seed	Provider of liquidity and value across global commodities markets	$35.6K	Renarc	43/100