SUNNYVALE, CA, Mojave Energy Systems announced $19 million in Series B funding to scale production of its ArctiDry platform.
Mojave Energy Systems announced $19 million in Series B funding to scale production of its ArctiDry platform, as commercial buildings in grocery, industrial, healthcare, hospitality, education, and other sectors move humidity control from an incidental byproduct of cooling to a deliberate priority.
The round was led by new investor Fairtree Elevant Ventures, with a significant investment from new investor River Bay Investments. Returning investors At One Ventures, Fifth Wall, Myriad Venture Partners, and Starshot Capital also participated, along with new investors Cleo Capital and MetaTrail. Mojave will use the funding to grow its sales organization, expand manufacturing capacity, and continue development of new products on the ArctiDry platform.
(c) by Massinvestor, Inc. For contact info, please check out our
about page.