Axle Energy (Seed)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 2, 2024
Vertical
Energy Flexibility
Funding URL
View Funding Page
Funding Amount
$9,000,000
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
Market
Renewable Energy
Location
UK
Coinvestors
Eka Ventures, Picus Capital
Company Description

Axle's software dynamically gives flexibility to the electricity grid and adjusts energy usage to when it is cheapest and greenest.

Links
WebsiteCrunchbaseLinkedIn
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