Axiom Exergy is an industrial Internet-of-Things (IoT) company focused on transforming the world's cooling systems into intelligent, cloud-connected energy storage assets. Its Refrigeration Battery technology enables historically-inflexible commercial and industrial refrigeration systems to operate flexibly and intelligently for the first time. With deep expertise in supermarket energy management, thermal energy systems engineering, cloud software development, and data analytics, Axiom Exergy provides its customers with turnkey power management solutions that reduce operational costs and business risk. Axiom Exergy also offers fully-financed 'Storage-as-a-Service' so that supermarkets and commercial buildings with high refrigeration-based energy loads can save more than they pay from day one.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/09/18 | $7,600,000 | Series A |
GXP Investments Meson Capital Shell Technology Ventures SV Tech Ventures WorldQuant Ventures | undisclosed |
