Tech Company Financing Transactions
Axle Energy Funding Round
On 6/14/2023, Axle Energy secured $1.6 million in funding from Picus Capital and Eka Ventures.
Transaction Overview
Company Name
Announced On
6/14/2023
Transaction Type
Venture Equity
Amount
$1,600,000
Round
Undisclosed
Investors
Picus Capital (Lead Investor)
Proceeds Purpose
The company will use the funds to flip the switch on energy use. The energy flexibility start-up 'acts as the 'virtual wires' connecting home energy devices to electricity markets' shifting energy usage to when its cheapest and greenest.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
128 City Road Greater London
London, England, EC1V 2NX
UK
London, England, EC1V 2NX
UK
Phone
Undisclosed
Website
Email Address
Overview
Axle is an energy flexibility startup. Our platform connects EVs and home energy devices to electricity markets to help kick fossil fuels out of the grid.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Karl Bach
Co-Founder
Karl Bach
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