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Mojave Energy Systems raises $19 million in Series B funding to scale production of its ArctiDry platform, led by Fairtree Elevant Ventures. The funding will support growth in sales and manufacturing capacity.
PRIVATESep 23, 2026•about 3 hours ago
Amount Raised
$19 Million
Round Type
Series B
SunnyvaleManufacturingEnergyRenewable Energy
Investors
Meta TrailCleo CapitalStarshot CapitalMyriad Venture PartnersFifth WallAt One VenturesRiver Bay InvestmentsFairtree Elevant Ventures
Description
Mojave Energy Systems announced $19 million in Series B funding to enhance its ArctiDry platform. This funding round was led by new investors Fairtree Elevant Ventures and River Bay Investments, along with returning investors. The capital will be dedicated to expanding their sales organization and manufacturing capacity. Mojave aims to revolutionize humidity control in commercial buildings across various sectors.
Company Information
Company
Mojave Energy Systems
Location
Sunnyvale, California, United States
About
Mojave produces novel liquid desiccant systems designed to change the nature of air conditioning by dramatically increasing energy efficiency and reducing the climate impact of AC. Mojave's patented technology cools and dehumidifies the air, enabling the independent control of dew point and dry bulb. By focusing on dehumidification, lowering energy consumption, reducing refrigerant use, and improving indoor air quality for commercial buildings, Mojave's ArctiDry product is an ideal solution for Dedicated Outdoor Air Systems (DOAS). When compared to other alternatives on the market, ArctiDry offers a highly reliable, lowest-cost-of-ownership product that reduces energy use by 40 to 60%.
Fundz sees it the moment Mojave Energy Systems raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SunnyvaleManufacturingEnergyRenewable Energy