🚀 London-Based Axle Energy Raises €8.3 Million to Decarbonise the Power Grid 🌱⚡ Axle Energy, a pioneering energy flexibility platform, has secured €8.3 million in seed funding led by Accel, with participation from Picus Capital, Eka Ventures, and notable angel investors including Amit Gudka, Sierra Peterson, Hanno Renner, and Nico Rosberg. This funding aims to advance Axle Energy's mission of decarbonizing the power grid, bringing their total raised to over €9.2 million. Axle Energy's Vision and Solution Renewable energy sources like wind and solar are cost-effective but inconsistent due to reliance on weather patterns. Axle Energy’s software platform addresses this by: Facilitating swift adjustments in energy usage. Integrating flexible assets (e.g., EVs, home batteries, heat pumps) with local and national energy markets. Providing a zero-carbon solution that increases grid resilience and reduces costs for consumers. #AxleEnergy #Decarbonisation #RenewableEnergy #FlexibilityPlatform #SeedFunding #EnergyInnovation #CleanEnergy What are your thoughts on this innovative approach to decarbonizing the grid?
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We are thrilled to have partnered with Axle Energy from the very beginning, recognizing their exceptional vision and dedication to integrating Distributed Energy Resources (DERs) into the grid. 🚗 🔌 ⚡ We are now beyond excited to announce our continued investment with Picus Capital in their $9M USD round led by Accel. Big congrats to the team around Karl and Archy - it’s a continued pleasure working with you! We keep being excited about Axle Energy’s potential: 1️⃣ 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗼𝗳 𝗮 𝗖𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗚𝗿𝗶𝗱: Axle Energy is at the forefront of the transition to renewables, which are increasingly vital as electricity demands rise and grids become strained by intermittent energy sources. With aging infrastructure unable to meet new peak demands, solutions like axle are required to provide a cost-effective alternative to traditional grid upgrades - virtual vs. physical wires. 2️⃣ 𝗚𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗲𝗱 𝗘𝗻𝗲𝗿𝗴𝘆 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 (𝗗𝗘𝗥𝘀): The rise of electric vehicles, home batteries, and smart energy systems is creating new opportunities and challenges. Axle makes such assets benefit the overall system ultimately unlockig their potential while delivering value back to the owners and users of such DERs. 3️⃣ 𝗦𝘆𝘀𝘁𝗲𝗺 𝗗𝗲𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆: Making the grid more resilient and ultimately greener involves the participation in various mechanisms that reward flexibility of resources; accessing these markets, qualifying asset for them and providing the required optimization logic is crucial to enable value. axle navigates that complexities. 4️⃣ 𝗘𝘅𝗰𝗲𝗽𝘁𝗶𝗼𝗻𝗮𝗹 𝗧𝗲𝗮𝗺 𝗮𝗻𝗱 𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻: Over the past 14 months, the axle team has demonstrated exceptional focus and execution, connecting over 15,000 flexible assets to energy markets and securing partnerships with major OEMs. We were impressed by Karl’s and Archy’s vision from the very first moment onwards and are excited seeing them delivering on it. This is just the beginning. As energy markets evolve, Axle will play a crucial role in creating a sustainable, resilient energy future. We are excited to continue supporting them on this journey. Many good things are on the horizon! TechCrunch post and 𝗪𝗵𝘆 𝘄𝗲 𝗶𝗻𝘃𝗲𝘀𝘁𝗲𝗱 in the comments #RenewableEnergy #DER #SustainableFuture Sebastian Schaefer, Zhenya Loginov, Cecilia Wang, Eka Ventures, Hamish Law, Jon Coker, Amit Gudka, Sierra Peterson, Hanno Renner, Nico Rosberg, Ben James, Hebat Choudhury, Pelle Jacobs, timothée H., Haraman Johal, George Garforth, PhD, John Newbery, Lewis Jones
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⚡London-based Axle Energy, has raised £7M to decarbonise the power grid and unlock the power of homes across Europe. The problem🔍 In today's dynamic energy market, the ability to adapt energy usage swiftly and efficiently is more crucial than ever. Axle Energy is addressing this need by providing a cutting-edge software platform that allows energy suppliers and manufacturers of flexible assets—like electric vehicles, home batteries, and heat pumps—to integrate seamlessly with local and national energy markets. Axle Energy's answer💡 Founded by Karl Bach and Archy de Berker, Axle Energy's innovative approach has already connected over 15,000 flexible assets, generating more than 85 MW of capacity. By partnering with forward-thinking manufacturers such as SolarEdge, myenergi, Pod Point, and GivEnergy, Axle Energy is helping drive the transition to cleaner energy solutions while rewarding consumers for their participation in flexibility markets. The investment💰 The round, led by Accel with contributions from Picus Capital, Eka Ventures, and notable angel investors, underscores the confidence in Axle's vision. This investment will be used to expand the team and accelerate growth across Europe, supporting the broader goal of decarbonizing the power grid. “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." - Zhenya Loginov, Partner at Accel Read more about how Axle Energy aims to lead the charge in transforming the energy landscape for a sustainable future, including comments from Karl Bach, CEO and Co-Founder of Axle Energy, via the article below. 👇 https://lnkd.in/dip7ta-2 #PropTech #ClimateTech #RealEstate #VC ---- 💡 Follow PropTech Connect for daily Real Estate and PropTech news and insights.
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Exciting announcement, everyone! 🚀 Viessmann accelerates the green energy transition in Europe through a strategic investment in Encavis AG, a leading renewable energy platform, alongside KKR! This partnership underlines our dedication at Viessmann for entrepreneurial investments in solutions that propel the world’s green energy transition forward. 🌱 Encavis has a portfolio of more than 190 photovoltaic parks and more than 40 onshore wind farms with a total operating capacity of around 2.2 Gigawatt across 10 European countries. Our joint support with KKR will not only solidify Encavis’ strength in the clean energy landscape, but also contribute to fostering a more energy-independent and eco-friendly Europe. 🏡 🤝 Beyond the investment in Encavis, we are currently assessing and discussing a number of new partnerships with other family businesses in line with our investment focus on reducing, avoiding, and capturing CO2 emissions. Committed to our purpose of co-creating living spaces for generations to come, we are expanding our ecosystem with dedicated co-investments, minority stakes and strategic acquisitions. We keep you posted! More: https://lnkd.in/escMdUV9 Photo Credit Picture No. 1: Sandra Steh … #TeamVi #ResponsibleCapital #Purpose #Ecosystem #GreenEnergy #GreenEnergyTransition #GreenEnergySolutions
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Breaking News: Equinox Ocean Turbines Secures €2.4 Million in Seed Funding 🌊 Equinox Ocean Turbines BV has closed its seed funding round, raising €2.4 million. Leading the round was EIT InnoEnergy, joined by Damen, NV NOM, Friese Ontwikkelingsmaatschappij - FOM and the support of Init Power, and two private investors. This funding will accelerate the development of Equinox’s advanced turbine technology, capable of harnessing 700 GW of ocean current potential for clean baseload energy. Key Points: Funding: €2.4 million. Lead Investor: EIT InnoEnergy. Contributors: Damen, NV NOM, FOM, Init Power, and private investors. Goal: Fast-track turbine technology deployment. Equinox is set to revolutionize renewable energy with its innovative solutions. For more info, visit https://lnkd.in/defEk_WY #seedfunding #renewableenergy #baseloadenergy #dutchinnovation
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Viessmann is expanding in #green electricity and wind! Today we announce a strategic investment in Encavis AG together with KKR. Encavis is a European fast growing renewable energy platform with a portfolio of more than 190 #photovoltaic parks and more than 40 onshore #wind farms with a total operating capacity of around 2.2 Gigawatt (GW)! One objective is to reach 7 GW by 2027. With 7 years left to reach the goal of 600 GW new installed #PV capacity in the EU by 2030, and 260GW already installed in 2023, we are determined to contribute. #ExponentialDecade #TeamVi #CleanTech Walburga Hemetsberger Kristian Ruby Olga Michelot Mechthild Wörsdörfer Ann Mettler Philipp Offenberg Morten Helveg Petersen Jacek Truszczynski
Exciting announcement, everyone! 🚀 Viessmann accelerates the green energy transition in Europe through a strategic investment in Encavis AG, a leading renewable energy platform, alongside KKR! This partnership underlines our dedication at Viessmann for entrepreneurial investments in solutions that propel the world’s green energy transition forward. 🌱 Encavis has a portfolio of more than 190 photovoltaic parks and more than 40 onshore wind farms with a total operating capacity of around 2.2 Gigawatt across 10 European countries. Our joint support with KKR will not only solidify Encavis’ strength in the clean energy landscape, but also contribute to fostering a more energy-independent and eco-friendly Europe. 🏡 🤝 Beyond the investment in Encavis, we are currently assessing and discussing a number of new partnerships with other family businesses in line with our investment focus on reducing, avoiding, and capturing CO2 emissions. Committed to our purpose of co-creating living spaces for generations to come, we are expanding our ecosystem with dedicated co-investments, minority stakes and strategic acquisitions. We keep you posted! More: https://lnkd.in/escMdUV9 Photo Credit Picture No. 1: Sandra Steh … #TeamVi #ResponsibleCapital #Purpose #Ecosystem #GreenEnergy #GreenEnergyTransition #GreenEnergySolutions
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🚀 Introducing #Mobinergy: The Future of Sustainable Mobility 🌍 #Mobinergy is the fusion of renewable energy and affordable mobility. This innovative approach aims to transform how we power our vehicles and move towards a more sustainable future. At 360°Mobility, we are dedicated to: - Electrifying traditional vehicle fleets; - Implementing efficient charging infrastructure; - Integrating renewable energy sources; - Enhancing energy storage systems. Join us in our mission to drive the future of mobility with sustainable energy solutions. Together, we can make a significant impact on our environment and create a more sustainable world. 🔋🚗🌱 Follow our page for more updates and insights. #Mobinergy #SustainableMobility #RenewableEnergy #360Mobility #ElectricVehicles #Sustainability #GreenEnergy #EnergyStorage #FutureOfMobility
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Driving an electric vehicle 🚗 🔌is one step, charging with substainable energy is an another 🌱! Proud of Arval BNP Paribas Group for this complete approach for our customers ! Do you know if the electricity that you put in your car is substainable ? 🤔 👉🏼Follow me for the latest news about Automotive Market 🚙 #ArvalEnergy #SustainableMobility
⚡ Arval joins smartEn to drive smart and sustainable energy solutions ⚡ We are thrilled to announce that Arval BNP Paribas Group has joined the European business association smartEn Smart Energy Europe, marking a significant milestone in our Arval Energy Initiative. 🌟🌍 Thanks to the #ArvalEnergy, Arval becomes the first and only leasing company to join SmartEn, in the aim of contributing to the creation of a renewable energy ecosystem and adapt to the evolving flexibility demands of consumers across Europe with advanced solutions. At Arval, we aim to create synergies between both the mobility and energy markets, promoting smart charging solutions for EVs, unlocking the full potential of energy storage and exploiting the use of renewable power sources for energy auto-sufficiency ⚡ Joining smartEn is a great first step for our vision to create an ecosystem where every company, building, and vehicle can actively contribute to a more renewable energy system 🚗🔋 Check out the press release for more information:➡ https://lnkd.in/eqhXQq5M #ArvalEnergy #SustainableMobility
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⚡ Arval joins smartEn to drive smart and sustainable energy solutions ⚡ We are thrilled to announce that Arval BNP Paribas Group has joined the European business association smartEn Smart Energy Europe, marking a significant milestone in our Arval Energy Initiative. 🌟🌍 Thanks to the #ArvalEnergy, Arval becomes the first and only leasing company to join SmartEn, in the aim of contributing to the creation of a renewable energy ecosystem and adapt to the evolving flexibility demands of consumers across Europe with advanced solutions. At Arval, we aim to create synergies between both the mobility and energy markets, promoting smart charging solutions for EVs, unlocking the full potential of energy storage and exploiting the use of renewable power sources for energy auto-sufficiency ⚡ Joining smartEn is a great first step for our vision to create an ecosystem where every company, building, and vehicle can actively contribute to a more renewable energy system 🚗🔋 Check out the press release for more information:➡ https://lnkd.in/eqhXQq5M #ArvalEnergy #SustainableMobility
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TEXAWATT is taking an innovative approach to bridging the gap between fossil fuels and renewable energy. Our mission is to transform existing gas stations and convenience stores into modern "TEXAWATT POWER - TEXAS TEA FUELS Energy Stations," featuring high-speed EV charging, energy storage systems, and integrated microgrids. The key to our strategy is leveraging revenue from petroleum sales and convenience store operations to fund the development of sustainable energy infrastructure. By capitalizing on this transitional period, TEXAWATT aims to build a diverse revenue model that includes electricity arbitrage, EV charging fees, bulk electricity supply, and franchising opportunities. Read our latest blog post to learn more about TEXAWATT's bold vision for orchestrating the energy transition while remaining financially sustainable. https://bit.ly/3A35uVZ #EnergyTransition #RenewableEnergy #EVCharging #EnergyStorage #Microgrids #SustainableRevenue #TEXAWATT #TEXASTEA
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We firmly believe that no challenge is insurmountable. We look forward! We actively explore new ideas, pushing beyond traditional boundaries in search of breakthrough solutions. By investing in research and development, we ensure that we remain at the forefront of innovation. Central to this mission is the flyRen Energy Group, comprised of specialized companies: flyRen Development, focused on planning and designing state-of-the-art renewable energy projects; flyEnergy focused on storage projects, flyElectric, leading the way in electric mobility solutions; and flyConstruction, responsible for constructing and delivering sustainable energy facilities. #flyRen #RenewableEnergy #CleanEnergy #Innovation #Decarbonization #StopGreenwashing #CircularEconomy #EnergyEfficiency #EnergyEfficiency
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