Accel led the seed round with participation from Picus Capital, Eka Ventures, and notable angels to fund team expansion and market growth.
"Karl and Archy have a wealth of experience in the energy sector, and their vision for rebuilding the grid in favour of renewable energy sources is truly exciting – and necessary. They’ve seen strong early traction, with their easy-to-use software platform already being used by major manufacturers. We’re proud to back Axle Energy as they continue this growth."
The seed round was led by 42CAP and will support global expansion and product development.
"Operational data has become increasingly abundant in recent years, yet its full potential has often gone untapped. We believe AI is the game-changer here,"
The funding round was led by Motive Ventures to support the development of institutional-grade wealth management products.
"As a new generation of high-net-worth individuals emerges, we are building the financial products and technological infrastructure the wealth management industry needs to serve them,"