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Mojave Energy Systems

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A Revolution in Air Conditioning

Sunnyvale, United StatesFounded 2022Energy
Valuation $50–100M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Mojave Energy Systems and the history behind them.

About Mojave Energy Systems

Mojave is transforming the air conditioning industry with its innovative ArctiDry system, a next-generation liquid desiccant air conditioner. This product is designed to address the inefficiencies of traditional vapor compression systems, particularly in humidity control. ArctiDry boasts an impressive ISMRE of over 8 lbs/kWh, making it twice as efficient as conventional Dedicated Outdoor Air Systems (DOAS). The system is easy to install, requiring only an electrical connection without the need for chilled water, domestic water, or gas lines. Mojave targets commercial buildings such as schools, hotels, multi-family dwellings, offices, and more, providing a cost-effective solution for delivering air down to 40 degrees Fahrenheit dewpoint. By focusing on comfort, reliability, and equipment price, Mojave meets the needs of customers who prioritize these factors over energy costs and sustainability. The company's business model revolves around selling and installing these advanced HVAC systems, generating revenue through product sales and potential service agreements. Keywords: air conditioning, humidity control, ArctiDry, liquid desiccant, commercial buildings, HVAC, efficiency, installation, ISMRE, DOAS.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Sunnyvale, United States
Employees
52
Open positions
6
Dealroom signal
53.0/100
Sub-industry
Energy Efficiency
Sector
Energy, Spinout, Sustainable Development Goals, Urban Tech, Climate Tech, Building Energy Efficiency, Green Buildings, Building Energy Retrofit, Efficient Air Cooling and Heating, air conditioning
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Dec 2024 $9.5M $63M Starshot Capital · At One Ventures · Earth Venture Capital · Myriad Venture Partners ↗
SEED✓Equity / VC Sep 2023 $13M $50M Myriad Venture Partners · At One Ventures · Fifth Wall Ventures ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Mojave Energy Systems website traffic

Latest recorded traffic for Mojave Energy Systems is 4K monthly website visits, down 2.4% over the last three months. Mojave Energy Systems's team grew 18.2% over the past year.

Latest monthly visits4K 3-month web change-2.4% 1-year team growth+18.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • Xerox
  • Alumni Ventures
  • At One Ventures
  • Fifth Wall Ventures
  • Myriad Venture Partners

Series A2 investors entered at this stage

  • Starshot Capital
  • Earth Venture Capital

Other known investors2 additional known investors

  • PARC
  • Tim Chiang
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mojave Energy Systems on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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