£7.0M
Accel led the seed round with participation from Picus Capital, Eka Ventures, and notable angels to fund team expansion and market growth.
Axle Energy
Axle Energy builds software to connect home appliances and electric vehicles to the power grid.
£8.3MTotal raised
Axle Energy develops software that links household clean tech devices to electricity markets. The company works to balance power networks and support the shift away from fossil fuels.
Filed accounts
Net current assets
Members only
Total assets less current liabilities
Members only
Net assets
Members only
Shareholders' funds
Members only
Fixed assets
Members only
Current assets
Members only
Cash, assets and headcount from Axle Energy's latest Companies House filing — with year-on-year movement, free with a Winfred account.
Founders
Karl Bach
CEO and Co-Founder
Karl serves as co-founder and chief executive of Axle Energy, following growth and strategy roles at Bulb and M-KOPA Solar. He previously worked as a management consultant at Bain & Company.
LinkedIn
Archy de Berker
Co-Founder
Archy is the co-founder and CTO of Axle Energy. He previously led data and product at CarbonChain after holding data science roles across climate and energy organisations.
LinkedInInvestors
- £7.0M
- £1.3M
Funding history
£1.3M
The financing round was led by Picus Capital with participation from Eka Ventures.