
Axle Energy
Turns EV chargers, batteries, and heat pumps into grid-balancing capacity.
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
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 1 Jul 2026 | Series A | $25M | Energize Ventures |
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.