Tech Company Financing Transactions
Axiom Exergy Funding Round
On 5/10/2018, Axiom Exergy announced $7.6 million in Series A investment from GXP Investments, Shell Technology Ventures and Meson Capital.
Transaction Overview
Company Name
Announced On
5/10/2018
Transaction Type
Venture Equity
Amount
$7,600,000
Round
Series A
Investors
GXP Investments (Lead Investor) (Dennis Odell)
Shell Technology Ventures (Lead Investor)
WorldQuant Ventures (Mark Danchak)
Proceeds Purpose
The funding positions Axiom Exergy to scale their thermal energy storage solution in large, multi-site rollouts at grocery stores and cold storage facilities. Additionally, Axiom plans to begin rolling out additional features of the Refrigeration Battery platform (such as grid services) and addressing new segments of the world's cooling markets.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1387 Marina Way S 500
Richmond, CA 94804
USA
Richmond, CA 94804
USA
Phone
Website
Email Address
Overview
Axiom Exergy is an energy storage company focused on making the world's energy systems smarter and more efficient. Our team has deep expertise in supermarket energy management, energy services, and thermal energy systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Anthony Diamond
President
Amrit Robbins
VP - Bus. Development
Robbie Eaton
VP - Engineering
Nikhil Saralkar
VP - Product Management
Matthew Beres
VP - Sales
John Lerch
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We document tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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