Richmond, United States
Axiom Exergy is a pioneering player in the Energy and Industrial sectors, leveraging AI to elevate cooling systems into smart, adaptable assets. Founded in 2014 and headquartered in the United States, the company addresses a critical energy concern — the timing of power consumption, which constitutes 60-70% of a building's electricity costs.
Their innovative, cloud-based platform repurposes existing thermal systems to optimize the electricity load profile of buildings, addressing a market where 28% of electricity usage in U.S. commercial and industrial sectors is dedicated to thermal services, a market valued at $56 billion annually. By transforming thermal systems into energy-efficient solutions, Axiom Exergy offers significant cost-saving and sustainability benefits.
The company's last investment was a Seed Round dated 09 October 2020, reflecting their ongoing commitment to growth and innovation in the energy management space.
