Funding Details
- Awarder
- RSS - techcrunch.com
- Date Award
- August 02, 2024
- Vertical
- Energy Flexibility
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2023
- Traction
- Since launching its platform, Axle has connected more than 15,000 flexible assets to energy markets, totaling over 85 MW of capacity, with a reach of 500,000+ U.K. households.
- Founders
- Karl Bach, Archy de Berker
- Company Description
- Axle's software dynamically gives flexibility to the electricity grid and adjusts energy usage to when it is cheapest and greenest.
- Market
- Renewable Energy
- Location
-
UK
- Coinvestors
- Eka Ventures, Picus Capital
Links