When was Axle Energy founded?

Axle Energy was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Axle Energy located?

Axle Energy is headquartered in London, United Kingdom. It is registered at 128 CITY ROAD,LONDON,GREATER LONDON,UNITED KINGDOM,EC1V 2NX.

Who is the current CEO of Axle Energy?

Karl Bach of Axle Energy. They have also founded 1 company.

Which legal entities is Axle Energy associated with?

Axle Energy is associated with AXLE ENERGY LIMITED.

How many employees does Axle Energy have?

As of May 31, 2026, the latest employee count at Axle Energy is 30.

Is Axle Energy a funded company?

Axle Energy is a funded company, having raised a total of $10.6M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 14, 2023.

When was the latest funding round of Axle Energy?

Axle Energy's latest funding was a $***** Series A round on Jul 08, 2026, with participation from 4 investors.

Where does Axle Energy rank among its competitors?

Axle Energy ranks 21st amongst 114 active competitors, of which 33 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Virtual Peaker, which secured $1M in May, 2026.

Who are the top competitors of Axle Energy?

Axle Energy's top competitors include Voltus, GridBeyond and Virtual Peaker. Among them, Axle Energy secured the most recent funding round in July, 2026.

Axle Energy - 2026 Company Profile, Team, Funding, Competitors & Financials

Axle Energy is a seed company based in London (United Kingdom), founded in 2023 by Karl Bach. It operates as a Provider of a platform connecting home energy assets to electricity markets. Axle Energy has raised $10.6M in funding from Accel and Picus Capital. The company has 114 active competitors, including 33 funded and 18 that have exited. Its top competitors include companies like Voltus, GridBeyond and Virtual Peaker.

Company Details

Provider of a platform connecting home energy assets to electricity markets. The platform connects electric vehicle chargers, heat pumps, and home batteries to flexibility markets. It allows users to aggregate flexible demand and trade in energy markets. The modular architecture allows use of individual modules via API or pre-built frontend components. It offers forecasting and optimisation capabilities.

Website: www.axle.energy/
Registered Address: 128 CITY ROAD,LONDON,GREATER LONDON,UNITED KINGDOM,EC1V 2NX

Key Metrics

Founded Year

2023

Location

London, United Kingdom

Stage

Seed

Total Funding

$10.6M in 3 rounds

Latest Funding Round

Series A, Jul 08, 2026, $*****

Investors

Accel & 6 more

Ranked

21^st among 114 active competitors

Employee Count

30 as on May 31, 2026

Similar Companies

Voltus & 124 more

View Axle Energy's full profile

Axle Energy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
AXLE ENERGY LIMITED CIN: 14633671 , United Kingdom, Active	Feb 01, 2023	-	10 (As on Feb 28, 2025)

Axle Energy has raised a total funding of $10.6M over 3 rounds. Its first funding round was on Jun 14, 2023. Its latest funding round was a Series A round on Jul 08, 2026 for $*****. 4 investors participated in its latest round. Axle Energy has 3 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Axle Energy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 08, 2026	8636002	Series A	3363798	2490786	3650459	5335629
Aug 01, 2024	8023050	Seed	9727622	6970286	6857625	Picus Capital & 5 more
Jun 14, 2023	4195064	Seed	2083131	4849871	Picus Capital	Eka Ventures

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View details of Axle Energy's funding rounds and investors

The founders of Axle Energy is Karl Bach. Karl Bach is the CEO of Axle Energy.

Here are the details of Axle Energy's key team members:

Karl Bach: Co-Founder & CEO of Axle Energy. They serve on the board of 1 company.
Contact Info: 1 email address

Axle Energy's Board of Directors

Axle Energy's board has 2 active members. Karl Bach and Archy Otto De Berker are part of team.

Here is the list of Axle Energy's board of directors:

Name	Type	Representing	Status	Duration
Karl Bach	Team	-	Current	3y 4m
Archy Otto De Berker	Team	-	Current	3y 4m

View details of Axle Energy's Founder profiles and Board Members

Axle Energy's employee count trend

Axle Energy has 30 employees as of May 26. Here is Axle Energy's employee count trend over the years:

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Top competitors of Axle Energy include Voltus, GridBeyond and Virtual Peaker. Here is the list of Top 10 competitors of Axle Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Voltus 2016, Boston (United States), Series C	Provider of demand response solutions for industrial and commercial applications	$66.2M	Activate Capital, NGP Energy Technology Partners ... & 4 others	63/100
2nd	GridBeyond 2007, London (United Kingdom), Series C	Provider of software for managing distributed energy resources and assets	$89.9M	Enterprise Ireland, Greencoat Capital & 41 others	62/100
3rd	Virtual Peaker 2015, Louisville (United States), Series A	Provider of solutions for demand response and energy intelligence	$19.8M	FreshTracks Capital, Moore Strategic Ventures ... & 4 others	60/100
4th	Franklin Energy 1994, Milwaukee (United States), Acquired	Provider of energy efficiency and decarbonization program implementation services	-	Invesco, Holleway Capital Partners & 4 others	60/100
5th	Autogrid 2011, Redwood City (United States), Acquired	IoT enabled distributed energy resource management solutions provider	$160M	Foundation Capital, Schneider Electric & 23 others	59/100
6th	Arenko 2014, London (United Kingdom), Series A	Provider of software for automated control of energy storage assets	$25.6M	HICO, Angel Vector Capital & 11 others	55/100
7th	Entech smart energies 2016, Quimper (France), Public	Provider of distributed grid management solutions	$9.23M	EIT InnoEnergy, Épopée Gestion	55/100
8th	SwitchDin 2014, Newcastle (Australia), Series A	Offers solar energy monitoring systems	$13.5M	Q-Cells, q-cells-australia.com & 30 others	53/100
9th	Energy Web 2017, Zug (Switzerland), Series A	Decentralized platform for managing distributed energy resources	$17M	Wipro, AGL & 37 others	52/100
10th	GreenCom Networks 2011, Munich (Germany), Acquired	Cloud & AI-based mesh networking management solutions provider	$17.8M	innogy Innovation Hub, Shell & 17 others	48/100
21st	Axle Energy 2023, London (United Kingdom), Seed	Provider of a platform connecting home energy assets to electricity markets	$10.6M	Accel, Eka Ventures & 5 others	44/100