Axle Energy
Axle Energy is a B2B energy flexibility company that connects distributed assets like electric vehicles and home batteries to energy markets. Its software helps balance the volatility of renewable energy sources, allowing grid operators to avoid relying on fossil fuels for backup power while providing financial incentives to consumers for participating in grid balancing.
Funding Round: Seed
Funding Amount: $9M
Date: 01-Aug-2024
Investors: Accel, Eka Ventures, Picus Capital, Amit Gudka, Sierra Peterson, Hanno Renner, Nico Rosberg
Markets: Energy, Software, Electrical Distribution, Energy Management, Smart Home
HQ: London, England, United Kingdom
Founded: 2023
Website: https://axle.energy/
LinkedIn: https://www.linkedin.com/company/axle-energy
Crunchbase: https://www.crunchbase.com/organization/axle-energy
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