Accel
Assembly Line
London’s Axle Energy secures €8.3M from former F1 champion, Accel, others to decarbonise power grid
London-based Axle Energy, an energy flexibility startup, announced that it has secured $9M (approximately €8.3M) funding in a Seed round led by Accel, with participation from existing investors Eka Ventures and Picus Capital. Notable angel investors, including Amit Gudka (founder and CEO of Field Energy); Sierra Peterson (founder of Voyager Ventures); Hanno Renner (founder and CEO of Personio); and Nico Rosberg (Formula 1 World Champion and sustainability entrepreneur), also participated.
The company says it will use the funds to increase its headcount and accelerate its growth across the European energy market.ainability in the F&B industry, and this funding will enable it to solidify its position as an industry leader.
Cognite Partners with Accel to Transform Industry and Define New Industrial Software Category
Coupled with Accel’s broad network and expertise in successfully scaling software companies, the partnership enables Cognite to accelerate its global growth initiatives across industrial verticals, expand go-to-market activities and product development. As part of the agreement, Accel is gaining a seat on Cognite’s Board of Directors.