Axle Energy

London, United Kingdom · Founded 2023 · $35.6M raised

Headquarters
London
Founded
2023
Business Model
B2B
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

2 technologies & apps tracked

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Funding History

Series ASeries AJul 2026
$25.0M

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Investors

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