Axle Energy - About the company
Axle Energy is a series A 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 $35.6M in funding from investors like Accel, Picus Capital and Energize Capital. The company has 135 active competitors, including 37 funded and 19 that have exited. Its top competitors include companies like GridBeyond, Virtual Peaker and Franklin Energy.
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
Series A
Total Funding
$35.6M in 3 rounds
Latest Funding Round
Ranked
4th among 135 active competitors
Employee Count
33 as on Jul 31, 2026
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Legal entities associated with Axle Energy
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) |
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Axle Energy's funding and investors
Axle Energy has raised a total funding of $35.6M 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 4 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 | 5686594 | Series A | 8151327 | 2108695 | 5810866 | 1855412 |
Aug 01, 2024 | 9922753 | Seed | 1175390 | 5579743 | 6850013 | |
Jun 14, 2023 | 2221777 | Seed | 9619796 | 7711111 |
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Axle Energy's founders and board of directors
Founder? Claim ProfileHere 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 |
|---|---|---|---|---|
Team | - | Current | 3y 6m | |
Team | - | Current | 3y 6m |
View details of Axle Energy's Founder profiles and Board Members
Axle Energy's employee count trend
Axle Energy has 33 employees as of Jul 26. Here is Axle Energy's employee count trend over the years:
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Axle Energy's Competitors and alternates
Top competitors of Axle Energy include GridBeyond, Virtual Peaker and Franklin Energy. Here is the list of Top 10 competitors of Axle Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | GridBeyond 2007, London (United Kingdom), Series C | Provider of software for managing distributed energy resources and assets | $89.9M | 63/100 | |
2nd |  Virtual Peaker 2015, Louisville (United States), Series A | Provider of solutions for demand response and energy intelligence | $19.8M | 60/100 | |
3rd | Franklin Energy 1994, Milwaukee (United States), Acquired | Provider of energy efficiency and decarbonization program implementation services | - | 60/100 | |
4th |  Axle Energy 2023, London (United Kingdom), Series A | Provider of a platform connecting home energy assets to electricity markets | $35.6M | 60/100 | |
5th |  Voltus 2016, Boston (United States), Series C | Provider of demand response solutions for industrial and commercial applications | $66.2M | 57/100 | |
6th |  Autogrid 2011, Redwood City (United States), Acquired | IoT enabled distributed energy resource management solutions provider | $160M | 57/100 | |
7th |  GreenCom Networks 2011, Munich (Germany), Acquired | Cloud & AI-based mesh networking management solutions provider | $17.8M | 55/100 | |
8th |  Arenko 2014, London (United Kingdom), Series A | Provider of software for automated control of energy storage assets | $25.6M | 55/100 | |
9th | Developer of unified API platform that connects and controls energy devices | $17.3M | 55/100 | ||
10th |  Entech smart energies 2016, Quimper (France), Public | Provider of distributed grid management solutions | $9.23M | 55/100 |
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Axle Energy's Investments and acquisitions
Axle Energy has made no investments or acquisitions yet.
Reports related to Axle Energy
Here is the latest report on Axle Energy's sector:
News related to Axle Energy
Media has covered Axle Energy for 1 event in last 1 year.
•
Axle Energy raises €21 million in Series A funding round led by Energize CapitalStartup Rise EU•Jul 08, 2026•Energize Capital, Axle Energy, Eka Ventures, Picus Capital and 1 other
•
London-based Axle Energy Raises €8.3 Million For Platform To Decarbonise The Power GridEU-Startups•Aug 01, 2024•Axle Energy, Eka Ventures, Picus Capital, Accel and 3 others
•
Axle secures $1.6M to accelerate decarbonisation of the electricity gridTech Funding News•Jun 14, 2023•Axle Energy, Picus Capital, Eka Ventures
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