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§ Private Profile · Sunnyvale, CA, USA
Mojave Energy Systems is a technology company.
Mojave Energy Systems is a mission-driven company focused on changing the nature of air conditioning through innovative liquid desiccant technology, delivering high-efficiency cooling and superior dehumidification.
Mojave Energy Systems has raised $23.0M across 2 funding rounds.
Mojave Energy Systems has raised $23.0M in total across 2 funding rounds.
Mojave Energy Systems has raised $23.0M in total across 2 funding rounds.
Mojave Energy Systems's investors include At One Ventures, Zachary Bogue, Fifth Wall.
Mojave Energy Systems, Inc. builds ArctiDry, a patented liquid desiccant Dedicated Outdoor Air System (DOAS) that delivers cooling, heating, and dehumidification for commercial buildings, using 30-60% less energy than standard HVAC systems.[1][2][3] The company serves schools, hotels, multi-family dwellings, and office buildings, solving the problem of high energy use for humidity control in modern structures—exacerbated by updated building codes and efficient appliances—while improving indoor air quality, reliability, and comfort with paybacks under 18 months.[1][2] Founded in 2022 as a Xerox PARC spin-out and venture-backed, Mojave has achieved strong growth momentum, including 100,000 field hours with 99.7% uptime by September 2025, a U.S. sales partner network, manufacturing in South Carolina, and expansion plans into Latin America.[1][3]
Mojave Energy Systems emerged in 2022 as a spin-out from Xerox PARC, addressing stagnant HVAC innovation since 1902 amid rising humidity loads and energy demands in buildings.[1][2] The leadership team blends HVAC engineering expertise, business acumen, and manufacturing excellence, driven by a mission to transform air conditioning for a changing world where HVAC accounts for 10% of global electricity and over two billion tons of CO2 emissions annually.[2] Early traction includes tens of thousands of field runtime hours, evolving into proven reliability with ArctiDry's 100,000 hours and 99.7% uptime across U.S. commercial installations by mid-2025, alongside revenue reaching $1M.[1][3]
Mojave rides the wave of decarbonization in buildings, where HVAC drives 10% of global electricity and massive CO2 emissions, amplified by stricter ventilation codes and electrification trends.[2][3] Timing is ideal amid 2020s sustainability mandates and efficiency demands, with market forces like rising energy costs and net-zero pledges favoring high-impact retrofits in commercial real estate.[1][2] By enabling 40-60% savings and scalability to Latin America, Mojave influences the HVAC ecosystem toward liquid desiccant adoption, potentially abating billions of tons of CO2 while bridging legacy systems to 21st-century needs.[1][3]
Mojave is poised for rapid scaling with its field-proven ArctiDry, targeting U.S. network growth and Latin American entry amid escalating climate regulations and energy prices.[1][3] Trends like AI-optimized buildings and heat pump integration will amplify its 80% savings potential, evolving its role from innovator to HVAC sustainability leader. As commercial retrofits accelerate, Mojave's tech could redefine efficiency standards, delivering outsized environmental and economic impact.[2][3]
Mojave Energy Systems has raised $23.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in December 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2024 | $10M Series A | AT ONE Ventures | Zachary Bogue, Fifth Wall | Announced |
| Sep 1, 2023 | $13M Seed | AT ONE Ventures | Zachary Bogue, Fifth Wall | Announced |