AE
Axle Energy
United Kingdom · Climate tech · Enterprise software
Axle Energy connects distributed energy devices to electricity markets.
Product
Device manufacturers, energy suppliers and fleet operators use Axle’s platform to coordinate batteries, electric vehicles and heat pumps. The software turns their combined ability to change electricity use into grid services.
The platform helps operators balance supply and demand and manage congestion. Customers can build services that reward consumers for making their devices available when the grid needs flexibility.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series A | $25M | Energize Capital — LeadAccel — ParticipantEka Ventures — ParticipantPicus Capital — Participant |