Kraken Technologies, a software platform aiding utilities in the clean energy transition, has been valued at $8.65 billion following its first standalone equity raising of $1 billion. Origin Energy, which holds a significant stake in Kraken's parent company Octopus Energy, will invest $140 million. This move is part of Kraken's planned separation from Octopus Energy, expected mid-next year. The software is licensed to other energy providers to manage new technologies like EVs and solar panels.