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 and Lorimer Ventures.
The company intends to use the funds to growth team and to develop new controller integrations, which will allow Axiom to provide its “apps for refrigeration” to a broad set of customers.
Led by Amrit Robbins, CEO, Axiom Cloud provides software and automation solutions to power, operate and mantain cooling systems in order to generate climate and financial impact and solve retail grocery’s biggest challenges by layering intelligence onto their existing refrigeration systems. Its three apps include Facilities Analyzer, Virtual Technician, and Virtual Battery, which address rising energy costs, a shortage of qualified refrigeration technicians, refrigerant compliance requirements, and supply chain constraints that make emergency equipment replacements extremely challenging.
Axiom Cloud currently provides its apps to several leading grocers, including Whole Foods and Grocery Outlet.
FinSMEs
11/11/2021