Series B · Climate tech
Mojave raises $19m Series B to scale commercial HVAC production
Fairtree Elevant Ventures led the financing for manufacturing expansion, sales growth and new ArctiDry products.
River Bay Investments, At One Ventures, Fifth Wall, Myriad Venture Partners, Starshot Capital, Cleo Capital and MetaTrail also participated.
Mojave separates humidity control from temperature management using liquid desiccant technology. The funding supports wider deployment across commercial buildings, including facilities using its ArctiDry Hydro system with existing chilled-water plants.
Use of funds
Expand manufacturing capacity
Grow sales team
Develop ArctiDry products
Funding history
Series B · This round$19M