What is Mojave?
Founded in 2022, Mojave Energy Systems is at the forefront of developing advanced liquid desiccant systems designed to enhance energy efficiency and mitigate the environmental footprint of Heating, Ventilation, and Air Conditioning (HVAC) operations. The company's technology targets a critical area of energy consumption, offering a sustainable solution to reduce the climate impact associated with traditional HVAC methods. Mojave's commitment to innovation positions it as a key player in the green technology sector, addressing both operational cost savings and environmental responsibility.
How much funding has Mojave raised?
Mojave has raised a total of $22M across 2 funding rounds:
Angel/Seed
$12.5M
Series A
$9.5M
Angel/Seed (2023): $12.5M with participation from At One Ventures, Xerox Ventures, and Fifth Wall
Series A (2024): $9.5M led by Myriad Venture Partners, Fifth Wall, At One Ventures, and Alumni Ventures
Key Investors in Mojave
At One Ventures
At One Ventures is an investment firm dedicated to finding, funding, and growing teams that aim to create a positive impact on the natural world, aligning with Mojave's focus on environmental solutions.
Fifth Wall
Fifth Wall is a leading venture capital firm focused on real estate technology, suggesting a strategic interest in how Mojave's innovations can impact the built environment and its energy consumption.
Myriad Venture Partners
Myriad Venture Partners focuses on early-stage investments in AI, enterprise software, and deep tech, indicating their support for Mojave's technological advancements in energy efficiency.
What's next for Mojave?
The recent major strategic investment signals Mojave's transition into a scaling phase, likely focusing on expanding its production capabilities, further refining its technology, and increasing market penetration. With backing from prominent venture capital firms specializing in deep tech and sustainable solutions, Mojave is poised to accelerate the adoption of its energy-efficient HVAC systems. This capital infusion will be instrumental in driving the company's mission to revolutionize the HVAC industry and contribute significantly to global climate goals.
See full Mojave company page
