Mojave Energy Systems logo

Mojave Energy Systems Funding & Investors

Sunnyvale, CA

Mojave is changing the nature of air conditioning. Air conditioning has become critical to productivity and comfort in our indoor environments. As a result, it accounts for about 10% of total global electricity use and emits one billion tons of carbon dioxide. What if we could maintain the same comfort, reliability and purchase costs while lowering energy consumption and emissions? Since its invention in 1902, air conditioning has relied on vapor compression which over time has become progressively more efficient at lowering air temperature, but remains inefficient at humidity control. At the same time, modern building codes, ventilation requirements, and efficient appliances have reduced temperature loads but increased humidity loads. That means buildings today use more energy to control humidity than temperature. Mojave's ArctiDy introduces a patented way to solve this problem.

mojavehvac.com

Total Amount Raised: $22,000,000

Mojave Energy Systems Funding Rounds

  • Series A

    $9,500,000

    Series A Investors

    At One Ventures
    Fifth Wall
    Alumni Ventures
    Myriad Venture Partners
    Earth Venture Capital
    Starshot Capital
  • Seed

    $12,500,000

    Seed Investors

    At One Ventures
    Fifth Wall
    Xerox Ventures
Funding info provided by Diffbot.