Mojave Energy Systems, Inc. reposted this
💥 In a round led by existing investors Fifth Wall and At One Ventures, Mojave Energy Systems, Inc. raises $9.5M to fuel the adoption of the most energy-efficient commercial air conditioner. Returning investors Myriad Venture Partners, Starshot Capital, Alumni Ventures Group, and new investor Earth Venture Capital also participated in the round. 🚀 Having passed the development and commercialisation stage, Mojave is now focussed on expansion. What else is on the pipeline? > Next generation technology: The product which will be coming out this winter will make Mojave the first company to integrate liquid desiccant with a reversible heat pump. > Phase two execution of its Department of Energy project to demonstrate the energy efficiency and reliability of ArctiDry in the field on a variety of building types and applications. Learn more about the firm offering a solution described as the "greenest air conditioner on the market" in the article below. 👇 🔗 Link: https://lnkd.in/d8AgHWEt Featured: Philip Farese, Anastasia Istratova, Dilip Goswami, Tim Chiang ---- 💡 Highlights in last week's newsletter: Colliers' new UK CEO, New CRREM structure, First insights into the world's most expensive development, $112M PropTech raise Had you missed this? Join 200,000+ RE leaders receiving the most relevant industry updates every week. The sign-up form can be found at the bottom of the article above. 👆
