A

Axle Energy

Connects home energy devices to markets

Energy Markets

Full-TimePosted on 10/20/2026
No salary listed
Mid
Remote in France
RemoteBased in France; approximately one week per month working from the London office.
Quantitative FinanceQuantitative Research

About the job

Requirements
  • Deep quantitative and modelling ability, including Python and SQL.
  • Exceptional communication and the ability to turn data into actionable commercial insights.
  • Comfort moving fast and making decisions in an evolving environment.
  • Deep knowledge of French electricity markets, including NEBCO, Mécanisme de Capacité, Mécanisme d’Ajustement, and ancillary services.
  • Fluent French and English.
Responsibilities
  • Develop a deep understanding of French energy markets and grid dynamics, including how trading, compensation, penalties, and cash flow work.
  • Speak with grid operators, regulators, and market stakeholders to validate hypotheses and interpret data.
  • Build and optimise models of wholesale/NEBCO, capacity, balancing, ancillary services, and local flexibility markets in France to forecast potential earnings for different assets.
  • Size revenue opportunities across markets and products to shape expansion priorities.
  • Build and evaluate strategies for battery cycling and EV charger load-shifting.
  • Monitor and shape energy regulation to accelerate the growth of flexibility.
Desired Qualifications
  • Other European languages are an asset.
  • Relationships with regulators, grid operators, and other stakeholders, including CRE, DGEC, RTE, and Enedis, are a plus.

About the company

Axle Energy connects distributed home energy devices—such as EV chargers, batteries, and heat pumps—to European electricity markets so suppliers and hardware makers can monetize flexibility as a virtual power plant. Its API and white-label tools let partners aggregate demand-side response, lower consumer energy costs, and support grid decarbonisation across regulated European markets. The company differentiates itself by focusing on the integration of household assets with a scalable European-market platform, enabling partners (energy suppliers and hardware makers) to rapidly deploy demand-side flexibility through a unified API and white-label solutions. Axle aims to scale its flexibility platform and expand market coverage to drive more value from distributed energy resources while aiding grid decarbonisation.

Company Size

11-50

Company Stage

Series A

Total Funding

$35.6M

Headquarters

London, United Kingdom

Founded

2023

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Simplify's Take

What believers are saying

  • Axle raised $25 million in July 2026 from Energize, Accel, Picus, and Eka.
  • It reports 300,000 connected devices and 2GW of flexible capacity as of September 2026.
  • SolaX launched with Axle in the UK and France, opening more European markets in 2026.

What critics are saying

  • Axle’s beta pricing and market coverage can change overnight, breaking consumer trust in 2026.
  • SolaX and SolarEdge can internalize VPP software, turning Axle into a replaceable middleware layer.
  • October 2026 EU interoperability rules raise compliance costs and can block market expansion.

What makes Axle Energy unique

  • Axle’s single API turns EVs, batteries, and heat pumps into dispatchable grid capacity.
  • It sells white-label VPP software to hardware makers, not just end consumers.
  • UK P415 compliance and direct wholesale trading differentiate it from basic demand-response tools.

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Benefits

  • Company Equity
  • Parental Leave
  • Hybrid Work Options
  • Company Social Events

Growth & Insights and Company News

6 month growth

-2%

1 year growth

-5%

2 year growth

0%
Sifted
Jul 8th, 2026
Accel backs Axle Energy's $25M Series A led by Energize Capital

London-based Axle Energy has raised $25 million in a Series A round led by Energize Capital. Existing investors Accel, Picus Capital and Eka Ventures also participated in the funding. The energy startup previously secured backing from these investors and is now expanding with this fresh capital injection. The round marks continued confidence from Accel and other early backers in Axle's approach to the energy sector.

Startup Rise Europe
Aug 1st, 2024
Axle Energy Secures $9M Seed Funding

London-based Axle Energy secures $9 million in seed funding, bringing its total raised to over $10 million (£8 million). The funds will be used to hire more staff and expand in the European energy market. Axle Energy's platform connects heat pumps, batteries, and electric vehicles to energy markets, helping end users save money and boosting grid resiliency. The company has already connected over 15,000 flexible assets, totaling 85 MW of capacity.

FinSMEs
Aug 1st, 2024
Axle Energy Raises $9M Seed Funding

Axle Energy, a London-based energy flexibility platform, raised $9M (£7M) in seed funding, bringing its total funding to over $10M (£8M). The round was led by Accel with participation from Picus Capital, Eka Ventures, and angel investors including Amit Gudka, Sierra Peterson, Hanno Renner, and Nico Rosberg. The funds will be used to expand the team and grow across the European energy market. FinSMEs 01/08/2024.

TechCrunch
Aug 1st, 2024
Axle Energy's sprint to decarbonize the grid lights up with $9M seed led by Accel | TechCrunch

Axle Energy is a B2B, back-end infrastructure business focused on connecting flexible assets, such as electric vehicles and home batteries, to energy markets that aren't otherwise available for consumers to dip into.

EU-Startups
Dec 7th, 2023
22 Climate Tech Startups To Keep An Eye On – According To Investors

In the dynamic European climate tech landscape, a wave of enthusiasm is building around pioneering startups that are blazing new trails toward sustainability. These companies are not only pushing the boundaries of technology but they are also driven by a mission to address the challenges of climate change, propelling us toward a more sustainable future.For those interested in staying up to date with the latest innovations, the question arises: amidst the vast array of over 30,000 climate tech startups active in this space, which truly stands out? To answer this, we turned to those in a privileged position— the prominent investors and VCs that are most active in this space.With all those conversations with founders and their teams, the due diligence done on the most promising startups, and in some cases, also the investments made, they are, therefore, certainly more informed about what’s happening in the market than most of us.Here, we’ve sought the insights of those specialising in climate tech investments – from the energy transition and the circular economy to sustainable and food production but also climate fintech and the blue economy. Specifically, we asked them which European climate tech startups they are particularly excited about and what sets these companies apart, whether it’s their technology, mission, or potential impact.But enough with this introduction, as it’s now time to turn our attention to their insights!Irena Spazzapan, General Manager at Systemiq CapitalSystemiq Capital is a London-based venture capital fund investing in early-stage climate tech startups.One interesting place where we see untapped (or, at least, less recognised) potential is in the datacentre. We’ve looked at companies developing low-power custom ASICs for big data applications and companies rethinking public cloud load balancing to account for the hour-by-hour swings in the carbon intensity of specific datacentres’ energy sources. Two companies we think are doing really interesting things are Corintis and ONiO.Corintis, spun out of EPFL in Lausanne, is developing a new approach to cooling high-power processor cores. Datacentres are one of the biggest global users of both energy and water due to the unfortunate tendency of silicon-based semiconductors to get really hot and incinerate themselves if not aggressively cooled