Mojave Energy Systems
Sunnyvale-based developer of humidity-first climate systems that control humidity and temperature separately in commercial buildings.
- Industry
- climate technology, building HVAC systems
- Location
- Sunnyvale, CA
About
Mojave Energy Systems develops climate systems for commercial buildings that control humidity and temperature independently, rather than managing humidity as a byproduct of cooling. Fairtree reports that the company will use the funding to expand manufacturing, grow its sales team and develop new products on its ArctiDry platform.
Funding history
| Round | Date | Amount | Lead |
|---|---|---|---|
| Series B 2026 | 2026-09-23 | $19M | Fairtree Elevant Ventures |
Investors
- Fairtree Elevant Ventures lead
- River Bay Investments participant
- At One Ventures participant
- Fifth Wall participant
- Myriad Venture Partners participant
- Starshot Capital participant
- Cleo Capital participant
- MetaTrail participant
Sources
Last verified:
- https://www.fairtree.com/resource-hub/article/fairtree-elevant-ventures-leads-us19-million-investment-in-mojave-energy-systems/
Type: official investor website. Accessed 2026-10-06.
Fairtree article dated 2026-09-25. Says Fairtree Elevant Ventures led a US$19 million Series B, with River Bay Investments, existing investors At One Ventures, Fifth Wall, Myriad Venture Partners and Starshot Capital, and new investors Cleo and MetaTrail. - https://www.finsmes.com/2026/09/mojave-energy-systems-raises-19m-in-series-b-funding.html
Type: reputable publication. Accessed 2026-10-06.
FinSMEs article dated 2026-09-23. Source of the Sunnyvale, CA location. Confirms the amount, stage, lead and participants, and names Cleo as Cleo Capital.