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Axle Energy raised $9M in a seed round to decarbonise the power grid and expand its team across the European energy market.

Aug 01, 2024over 1 year ago

Amount Raised

$9 Million

Round Type

seed

LondonRenewable EnergyEnergy

Description

London-based Axle Energy has successfully raised $9M in seed funding to support its growth and expand its team. This funding will further develop its software platform that connects flexible assets to energy markets, enhancing resilience and savings for consumers.

Company Information

Company

Axle Energy

Location

London, England, United Kingdom

About

Axle is an energy flexibility startup. Our platform connects EVs, batteries, and heat pumps to electricity markets to help kick fossil fuels out of the grid.

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