GENIOCORP’s Post

🚀 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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