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Mojave Energy Systems, Inc.

Other TechnologyHVACEnergy EfficiencySeries A
๐Ÿ“ Sunnyvale, CA, United Statesโ€ข Founded 2022โ€ข 51-200 employees
StreetZero Signal 68
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About Mojave Energy Systems, Inc.

Mojave Energy Systems, Inc. is a Sunnyvale-based company founded in 2022 to revolutionize commercial air conditioning with energy-efficient solutions. Its flagship product, the ArctiDry Dedicated Outdoor Air System (DOAS), uses liquid desiccant technology for superior dehumidification and energy savings and began shipping in 2024. The company has raised approximately $23M across Seed and Series A rounds and recently opened a manufacturing facility in Anderson County.

LATEST FUNDINGSeries A
$25.0M
Announced 2026-09-23
TOTAL RAISED$23.0M
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Key highlights

  • Raised $9.5M Series A in December 2024 led by Fifth Wall and At One Ventures.
  • Total funding of $23M across Seed ($13M, 2023) and Series A rounds.
  • ArctiDry DOAS solution began shipping in 2024 with seventh patent awarded.
  • Opened first manufacturing facility in Anderson County, SC, planning 200 jobs.
  • Backed by climate and real-estate investors targeting commercial buildings.

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