Axle Energy

Decarbonising the grid

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General Information
Company Name
Axle Energy
Founded Year
2023
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
12
Industries
Energy
Funding Stage
Seed
Social Media

Axle Energy - Company Profile

Axle Energy is a UK-based energy flexibility startup founded in 2023, with a focus on decarbonising the grid. The company's platform connects electric vehicles, batteries, and heat pumps to electricity markets in a bid to reduce reliance on fossil fuels. In August 2024, Axle Energy secured a significant €8.30MSeed investment from a group of noteworthy investors including Accel, Picus Capital, EKA Ventures, Amit Gudka, Sierra Peterson, Hanno Renner, and Nico Rosberg.

Taxonomy: energy flexibility, startup, electric vehicles, home energy devices, electricity markets, decarbonization, grid optimization, software platform, smart grid, energy management, clean energy, carbon reduction, climate change

Funding Rounds & Investors of Axle Energy (2)

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Funding Stage Amount No. Investors Investors Date
Seed €8.30M 7
Accel, investor in Axle Energy's Seed round Picus Capital, investor in Axle Energy's Seed round EKA Ventures, investor in Axle Energy's Seed round
Amit Gudka, Sierra Peterson +2 		01 Aug 2024
Pre Seed Round £1.30M 2
Picus Capital, investor in Axle Energy's Pre Seed Round round EKA Ventures, investor in Axle Energy's Pre Seed Round round
14 Jun 2023

Latest News of Axle Energy

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London-based Axle Energy raises €8.3 million for platform to decarbonise the power grid

London-based Axle Energy raises €8.3 million for platform to decarbonise the power grid

Eu-startups Aug 01, 2024
Axle Energy raises $9M Seed to decarbonise the power grid

Axle Energy raises $9M Seed to decarbonise the power grid

Tech Aug 01, 2024
Q3 2024’s Seed deal boom: Europe’s top tech startups to watch

Q3 2024’s Seed deal boom: Europe’s top tech startups to watch

Tech Oct 15, 2024

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