Mojave Energy Systems Series B (2026)

Mojave Energy Systems raised $19 million in a Series B round, announced on 2026-09-23. The round was led by Fairtree Elevant Ventures.

Company
Mojave Energy Systems
Round type
Series B
Date
2026-09-23
Amount
$19M
Industry
climate technology, building HVAC systems
Location
Sunnyvale, CA

Summary

Mojave Energy Systems raised a $19 million Series B, reported on 2026-09-23. Fairtree Elevant Ventures led the round, and River Bay Investments also made a significant investment. Existing investors At One Ventures, Fifth Wall, Myriad Venture Partners and Starshot Capital participated, alongside new investors Cleo Capital and MetaTrail.

Investors

Lead

  • Fairtree Elevant Ventures lead

Participating

  • 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:

  1. 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.
  2. 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.