logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Uk’s Axle Raises $1.6 Million To Flip The Switch On Energy Use

Jun 14, 2023over 2 years ago

Amount Raised

$1.6 Million

Round Type

seed

LondonInsuranceInsurtech

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.

Company Information

Company

Axle

Location

London, Ontario, Canada

About

Axle is an energy flexibility startup. Our platform connects EVs and home energy devices to electricity markets to help kick fossil fuels out of the grid.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers