Kraken Technologies: Capital Investment

Summary

To ask the Secretary of State for Business and Trade, with reference to his Department’s press release entitled Business Secretary backs British scaleups with growth package and red tape review, published on 20 January 2026, whether Octopus Energy’s compl

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Timeline

1. 26 January 2026

   Written question

   To ask the Secretary of State for Business and Trade, with reference to his Department’s press release entitled Business Secretary backs British scaleups with growth package and red tape review, published on 20 January 2026, whether Octopus Energy’s compl

   Source: Commons

2. 3 February 2026

   Answer

   The Department for Business and Trade sets the overall strategic direction for the British Business Bank, which is operationally independent and carries out its own due diligence. The Department was informed by the Bank of its investment in Kraken Technol...

   Source: Written answer

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• · Department for Business and Trade · Answering body

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