Axiom Exergy provides active power management services for portfolios of buildings with large thermal loads.
Today, 60-70% of a typical building's electricity bill is driven by WHEN it consumes power, and 28% of all electricity consumed by US commercial and industrial buildings is used for thermal services ($56 billion/year and growing in the US alone). Axiom's cloud-based platform uses existing thermal systems as a tool to intelligently "shape" the electricity load profile of an entire building.
Today, 60-70% of a typical building's electricity bill is driven by WHEN it consumes power, and 28% of all electricity consumed by US commercial and industrial buildings is used for thermal services ($56 billion/year and growing in the US alone). Axiom's cloud-based platform uses existing thermal systems as a tool to intelligently "shape" the electricity load profile of an entire building.
Location: United States, California, Richmond
Employees: 11-50
Total raised: $7.6M
Founded date: 2014
Investors 5
| Date | Name | Website |
| - | SV Tech Ve... | svtechvent... |
| 13.01.2021 | Plug and P... | plugandpla... |
| - | Harbor Str... | harborstre... |
| - | Seabed VC | seabed.vc |
| - | StartX | startx.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 10.05.2018 | Series A | $7.6M | - |
Mentions in press and media 5
| Date | Title | Description |
| 10.05.2018 | Axiom Exergy Raises $7.6M in Series A Funding | Axiom Exergy, a Richmond, Calif.-based provider of energy storage solutions to grocery stores and cold storage facilities, raised $7.6m in Series A funding. The round, which brings total funding to date to $12.5m, was co-led by GXP Investme... |
| 10.05.2018 | Term Sheet — Thursday, May 10 | BIG BUCKS Good morning, Term Sheet readers. Paid Content You can't secure what you can't see From ExtraHop When I first saw the numbers in an email, I responded with a simple but necessary & appropriate: “holy crap.” Here are the final ... |
| 09.05.2018 | Axiom Exergy Raises $7.6M in Series A | RICHMOND, CA, Axiom Exergy has raised $7.6 million in Series A funding. >> Click here for more funding data on Axiom Exergy >> To export Axiom Exergy funding data to PDF and Excel, click here Continuing to bring flexible ... |
| 09.05.2018 | Industrial Internet-of-Things (IoT) startup Axiom Exergy raises $7.6 million for thermal energy storage technology | IoT startup Axiom Exergy has raised $7.6 million in Series A funding to continue to bring flexible energy storage solutions to grocery stores and cold storage facilities. The current round was co-led by GXP Investments and Shell Ventures wi... |
| 07.03.2016 | Green angels: Clean tech investment leader predicts resurgence as group pumps $3.3M into startups in 2015 | Eric Berman, co-chair of Element 8. Angel investors of the Pacific Northwest collective Element 8, which focuses exclusively on early-stage clean tech companies, put nearly $3.3 million into 17 startups this past year. That’s the smallest i... |