Axle Energy Raises $9M in Funding to Expand European Operations

Axle Energy raises $9M in Seed Funding

Axle Energy (Linkedin), a software development company based in the United States, has secured $9M in seed funding to expand their innovative platform that connects flexible assets to energy markets. With a focus on the European energy market, Axle Energy aims to help energy suppliers optimize revenue and collaborate with manufacturers of EVs and home batteries.

Funding Amount: $9 million

Industry: Software Development

Employee Count: 2-10

CEO: Dhruv Gupta (CEO Linkedin)

What Axle Energy needs to buy: Energy technology professionals, software developers, and marketing firms specializing in the energy sector are ideal partners for Axle Energy. Additionally, manufacturers of flexible assets such as EVs and home batteries can collaborate with Axle Energy to expand their platform and drive revenue growth for energy suppliers in Europe.