Tuesday, July 23, 2024
HomeFunding CA-based Axiom Cloud Secures $5Million in Funding

[Funding alert] CA-based Axiom Cloud Secures $5Million in Funding

CA-based Axiom Cloud secures $5million in funding. Toshiba Tec and Windsail Capital Group lead the round. The money will be used by the business to increase operations and development initiatives.

CA-based Axiom Cloud secures $5million in funding. Toshiba Tec and Windsail Capital Group lead the round. The money will be used by the business to increase operations and development initiatives.

Axiom Cloud, led by CEO Amrit Robbins, is changing the way cooling systems are powered, run, and maintained globally through the use of AI and automation. This change will have an influence on the climate and the economy.

Read also – Lehi-based Qualiti.ai Secures Strategic Investment from Crosslink Capital

Its Early Leak Detection (ELD) technology works with current refrigeration control systems to minimize disruptions while delivering energy-efficient solutions, early leak detection, and insights into system performance.

Amrit Robbins said: “The EPA recognizes that refrigerant leaks are accelerating climate change as typical refrigerants have a global warming potential (GWP) ~3,000 times greater than carbon dioxide. The AIM Act addresses this problem head-on. Axiom’s proven leak-detection solution is listed by both the EPA and the California Air Resources Board (CARB), its best-in-class performance has been proven across hundreds of facilities, and it can be deployed rapidly across thousands of sites without the need for expensive hardware retrofits, all while generating a great ROI.”

About Axiom Cloud

At Axiom Cloud, their goal is to significantly impact both the climate and the economy by using software and automation to revolutionize the way that the world’s cooling systems are powered, run, and maintained.

Read also – CA-based PawCo Secures $2Million in Seed Funding

Retail grocery stores have significant energy and maintenance difficulties that Axiom’s team of refrigeration specialists, data scientists, energy geeks, and software developers addresses by adding intelligence to their current refrigeration systems.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular