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 Sep 30, 2026, the latest employee count at Axle Energy is 39.

Is Axle Energy a funded company?

Axle Energy is a funded company, having raised a total of $35.6M 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 5th amongst 160 active competitors, of which 43 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Axle Energy, which secured $25M in Jul, 2026.

Who are the top competitors of Axle Energy?

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

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

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

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

Investors

Accel & 7 more

Ranked

5^th among 160 active competitors

Employee Count

39 as on Sep 30, 2026

Similar Companies

Voltus & 170 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	Reports
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 $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	2753589	Series A	7015668	9961485	6009948	4344187
Aug 01, 2024	2769947	Seed	9513532	2013880	6040071	Picus Capital & 5 more
Jun 14, 2023	5719129	Seed	8101539	9319189	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 8m
Archy Otto De Berker	Team	-	Current	3y 8m

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

Axle Energy's employee count trend

Axle Energy has 39 employees as of Sep 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 Polarium. 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, San Francisco (United States), Public	Provider of demand response services for energy users and operators	$66.2M	NGP Energy Technology Partners, Activate Capital ... & 4 others	67/100
2nd	GridBeyond 2010, London (United Kingdom), Series C	Developer of software for managing distributed and flexible energy resources	$89.9M	Greencoat Capital, Enterprise Ireland & 41 others	64/100
3rd	Polarium 2015, Stockholm (Sweden), Series D	Manufacturer of lithium ion battery energy storage and management systems	$274M	Alecta, Vargas Holding & 7 others	62/100
4th	Virtual Peaker 2015, Louisville (United States), Series A	Provider of solutions for demand response and energy intelligence	$19.8M	Moore Strategic Ventures, FreshTracks Capital ... & 5 others	60/100
5th	Axle Energy 2023, London (United Kingdom), Series A	Provider of a platform connecting home energy assets to electricity markets	$35.6M	Picus Capital, Energize Capital & 6 others	62/100
6th	Franklin Energy 1994, Milwaukee (United States), Acquired	Provider of energy efficiency and decarbonization program implementation services	-	Invesco, First Capital Partners & 5 others	60/100
7th	Beebop 2023, Antwerp (Belgium), Public	Software platform for real-time orchestration and optimization of distributed energy resources	$5.5M	Angular Ventures, Contrarian Ventures	58/100
8th	Autogrid 2011, Redwood City (United States), Acquired	IoT enabled distributed energy resource management solutions provider	$160M	Foundation Capital, Energy Impact Partners ... & 24 others	57/100
9th	Arenko 2014, London (United Kingdom), Series A	Provider of software for automated control of energy storage assets	$25.6M	HICO, Lionheart Capital & 11 others	55/100
10th	Entech smart energies 2016, Quimper (France), Public	Provider of distributed grid management solutions	$9.23M	InnoEnergy, Épopée Gestion	55/100