Raised $34M across disclosed rounds.[1][3][4][5]

Series A closed July 2026, led by Energize Capital.[1][2][3][6][7]

post-money valuation is not publicly disclosed.

Named investors include Energize Capital, Accel, Picus Capital, Eka Ventures.[1][2][3][7]

Karl Bach, CEO[1][4][5][8][18][19][27]

Archy de Berker, CTO[1][4][5][8][18][19][27]

Kraken · kraken.tech · Same buyer and same job to be done: the cited analysis states that a carmaker, heat-pump manufacturer, or rival supplier wanting to turn customers' devices into grid revenue would evaluate Kraken, but would be handing customer data and device relationships to...[22]

Kaluza · kaluza.com · Same buyer and same job to be done: the cited analysis names Kaluza as the other most capable platform a carmaker, heat-pump manufacturer, or rival supplier would weigh for the same device-to-grid-revenue job, with the same supplier-ownership conflict.[22]

GridBeyond · gridbeyond.com · Named by CB Insights as a top Axle Energy competitor; same job to be done of aggregating and operating distributed energy assets for demand-side response and battery storage revenue.[23]

Synergi · synergi.io · Named by CB Insights as a top Axle Energy competitor in the same alternatives set, indicating overlap in the flexibility and distributed-energy aggregation job to be done.[23]

Beebop · beebop.ai · Named by CB Insights as a top Axle Energy competitor in the same alternatives set, indicating overlap in the flexibility and distributed-energy aggregation job to be done.[23]

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