At Axiom Cloud, our mission is to use software and automation to transform how the world’s cooling systems are powered, operated, and maintained, in order to generate significant climate and financial impact. We provide value to our customers and make cooling systems more sustainable in the following ways: - By predicting equipment issues and making cooling systems more efficient, we lower maintenance costs and reduce the energy required to achieve the same amount of cooling. - By adding power flexibility and energy storage to cooling systems, we generate revenue for our customers and enable higher penetrations of intermittent renewables (solar, wind, etc.) onto the grid. - By identifying and curtailing refrigerant leaks early, we help reduce the amount of high-GWP refrigerants released into the atmosphere. Axiom’s team of refrigeration experts, data scientists, energy nerds, and software developers solves retail grocery’s biggest energy and maintenance challenges by layering intelligence onto their existing refrigeration systems. Experience with commercial refrigeration systems is at our core, and we plan to leverage this experience across multiple industry categories to make the world’s cooling systems more sustainable.
Location: United States, California, Oakland
Employees: 11-50
Total raised: $14.9M
Founded date: 2020
Investors 9
Funding Rounds 3
| Date | Series | Amount | Investors |
| 03.03.2024 | - | $5M | - |
| 23.01.2023 | Series A | $7.4M | - |
| 11.11.2021 | - | $2.5M | Momenta Ve... |
Mentions in press and media 11
| Date | Title | Description |
| 03.03.2024 | Axiom Cloud Closes $5M Funding | Axiom Cloud, a San Jose, CA-based refrigeration management software for grocery and cold storage, raised $5M in funding. The round was led by Toshiba Tec and Windsail Capital Group. The company intends to use the funds to expand operations ... |
| 18.01.2023 | Axiom Cloud Raises $7.4 Million Series A to Transform Commercial Refrigeration using AI | Axiom Cloud announced its $7.4M Series A financing led by Blue Bear Capital. Following large-scale rollouts with major North American grocery chains and cold storage warehouse operators, Axiom raised its Series A to prepare for its next pha... |
| 18.01.2023 | Axiom Cloud Raises $7.4M in Series A Funding | Axiom Cloud, a San Jose, CA-based provider of software-enabled services to major grocery chains and cold storage companies, raised $7.4M in Series A funding. The round was led by Blue Bear Capital, with participation from Leadout Capital, M... |
| 15.11.2022 | Axiom Cloud Saved the World’s Leading Meal-Kit Provider HelloFresh Over $71,000 At Its Pilot Site | Axiom Cloud, creator of the Facilities Analyzer and Virtual Battery apps, announced that its suite of refrigeration management software has delivered $71,000 of value in the first six months of operation at a HelloFresh cold storage warehou... |
| 11.11.2021 | Why predictive maintenance is becoming food retailers' best friend | You know it's going to be a bad day when your food retail store opens with the news that a fridge has broken down overnight. Then someone tells you this could have been avoided if you'd harnessed IoT for predictive maintenance. These are no... |
| 11.11.2021 | Axiom Cloud Raises $2.5 Million from Momenta Ventures, Leadout Capital, Vela Partners, and Lorimer Ventures | Axiom Cloud, a company that develops software solutions to solve commercial refrigeration’s biggest energy and maintenance problems, announced that it has raised over $2.5 Million from Momenta Ventures, Leadout Capital, Vela Partners, Lorim... |
| 11.11.2021 | Axiom Cloud Raises $2.5M in Funding | Axiom Cloud, an Oakland CA-based company that develops software solutions to solve commercial refrigeration’s energy and maintenance problems, raised $2.5M in funding. The round was led by Momenta Ventures, Leadout Capital, Vela Partners an... |
| 11.11.2021 | Keeping food retail costs under control with predictive maintenance | You know it's going to be a bad day when your food retail store opens with the news that a fridge has broken down overnight. Then someone tells you this could have been avoided if you'd harnessed IoT for predictive maintenance. These are no... |
| 10.11.2021 | Momenta Invests in Axiom Cloud, the Digital Twin Solution for Refrigeration | "While solar panels, wind turbines, and batteries were the first wave of intelligent assets to be connected to the power grid, the next wave will be large energy consumers like refrigeration and HVAC equipment," states Lee Carter,... |
| 10.11.2021 | Momenta Invests in Axiom Cloud | Momenta joins leading investors to scale Axiom Cloud, a company revolutionizing how the world's cooling systems are powered, operated and maintained. |
Show more