Axle Energy
Axle Energy

Axle Energy

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Turns EV chargers, batteries, and heat pumps into grid-balancing capacity.

2023ActiveLondon, United Kingdom

About

Axle Energy is a British energy flexibility platform that transforms distributed energy assets like EV chargers, home batteries, and heat pumps into virtual power plants (VPPs). Their software enables OEMs, energy suppliers, and fleet operators to connect these flexible assets to electricity markets, helping to balance the grid at a lower cost. Axle handles the entire value chain, from asset connection and forecasting to aggregation, market bidding, dispatch, and settlement, allowing partners to monetize flexibility without building their own infrastructure.

Key facts

At-a-glance profile data

Website
exxonmobilfuels.com
Headquarters
London, United Kingdom
Founded
2023
Total funding
$25M (Series A)
Business model
B2B2C

Funding rounds

Funding rounds raised by Axle Energy
DateRoundAmountLead investors
1 Jul 2026Series A$25MEnergize Ventures
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Frequently asked

How much funding has Axle Energy raised?

Axle Energy has raised a total of $25M in funding. The most recent round on record is Series A.