Tech Company Financing Transactions
Mojave Energy Systems Funding Round
Mojave Energy Systems, operating out of Sunnyvale, raised $19 million in funding from At One Ventures, Cleo Capital and Fifth Wall Ventures.
Transaction Overview
Company Name
Announced On
9/23/2026
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to grow its sales organization, expand manufacturing capacity, and continue development of new products on the ArctiDry platform.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
623 North Pastoria
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Undisclosed
Website
Email Address
Overview
For over 100 years, the way we cool buildings hasn't changed much, until now. Mojave produces novel liquid desiccant systems targeting energy efficiency and reducing the climate impact of HVAC. We are setting out to change the world one A/C unit at a time! Mojave significantly lowers financial and climate expenses, while improving comfort and air quality, without compromising product reliability:
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Philip Farese
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