Axle Energy raises €8.1M Seed round

1 August 2024· London, United Kingdom· energy, smart_grid, cleantech, ai, pure_software, b2b

The funding will be used to expand Axle Energy's team, support the company's continued growth across the European energy market, expand operations globally, and grow its engineering team, as well as support product development.

Investors

LeadAccel
Also participating
Nico RosbergHanno RennerPicus CapitalEka VenturesAmit GudkaSierra Peterson

About Axle Energy

Key People
Karl BachCo-Founder & CEO
Archy de BerkerCo-Founder & CTO
Ben JamesCo-Founder
Stage
Seed
Headquarters
London, United Kingdom
Founded
2023
Team Size
21–50
Sectors
energysmart_gridcleantechaipure_softwareb2b

Source: https://tech.eu/2024/08/01/axle-energy-raises-9m-seed-to-decarbonise-the-power-grid/