Grok missed Origin Energy’s fast-growing Octopus

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Grok Ventures is doing well on its AGL Energy shares, but it could’ve made a tonne of money in something that Origin Energy would later buy into.

, it was fascinating to hear Grok Ventures talk about the early-stage transition or energy sector investment that got away.

That’s about the same time Origin also discovered Kraken. Origin CEO Frank Calabria recently told us his team stumbled upon Octopus in 2018 on a trip to the UK when its name kept coming up in talks with other industry players. It was fascinating hearing from Kwong-Law, who has emerged as a prominent investor in Australia’s energy position, despite Grok’s relatively small size when compared to the amount of capital required for the transition and the big players lined up globally to invest in it.

 

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