Axiom Cloud announced its $7.4M Series A financing led by Blue Bear Capital. Axiom raised its Series A to prepare for its next phase of growth. Axiom will use the funding to scale its software, operations, and sales teams to meet accelerating market demand for its refrigeration software. In total, Axiom Cloud has raised approximately $11.6M since its inception in 2020.

The round included existing investors Leadout Capital, Momenta Ventures, Ulu Ventures, Powerhouse Ventures, and Vela Partners. New investors included Frontier VC, Artifact Capital, and others.