Amount Raised
$1.6 Million
Round Type
seed
Investors
Eka VenturesPicus Capital
Description
London-based, energy flexibility start-up, Axle Energy has raised $1.6 million in Pre-seed funding in a round led by Picus Capital with participation from Eka Ventures.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers