Axle Energy
London, United Kingdom · Founded 2023 · $35.6M raised
- Headquarters
- London
- Founded
- 2023
- Business Model
- B2B
- Website
- axle.energy
- Total Funding
- $35.6M
- Last Round
- $25.0M Series AJul 2026
- Rounds
- 3
About
Axle Energy is on a mission to decarbonize the electricity grid by connecting home energy assets — EVs, heat pumps, solar panels, and batteries — to grid-balancing electricity markets, replacing fossil-fuel peaker plants with distributed flexible demand. Co-founded in 2023 by CEO Karl Bach and Archy de Berker and headquartered in London, the company raised a $9M seed round led by Accel in 2024 and a $25M Series A in 2026 to scale its virtual power plant connecting flexible home assets to grid operators.
Summary
Axle Energy is a Clean Tech company based in London, United Kingdom, founded in 2023. It has raised $35.6M in total across 3 rounds, most recently a $25.0M Series A round in Jul 2026. Investors include Energize Capital, Accel and Picus Capital.
Tech & App Stack
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Funding History
Jul 2026
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Funding: Pre-Seed through Series A. Amounts, valuations, and investors where available.
Investors
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