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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.
Cooling systems currently burn through nearly a third of electricity worldwide, and this consumption is expected to skyrocket over the next century. It’s one of the main contributors to greenhouse gas emissions, to the extent that in the US, the EPA has called out and cracked down on the retail refrigeration sector. With the spotlight sharpening on the need to make refrigeration more sustainable, Axiom Cloud could be in for a bright future.
The company has developed a suite of apps to assist in the powering, operation, and maintenance of commercial refrigeration systems, using AI, automation, and IoT to help predict and resolve equipment issues and refrigerant leaks. The company is also piloting an innovative load shifting project to help grocery stores reduce the strain their refrigeration units place on the national grid.
These capabilities are likely to prove appealing to organizations under increasing regulatory pressure to introduce energy-saving and emissions-reducing refrigeration measures. With the problem (and therefore the regulatory restrictions) expected only to grow, Axiom Cloud’s tech-forward solution looks set to see strong uptake.
Freddie
Company Specialist at Welcome to the Jungle
Feb 2024
$5m
EARLY VC
Jan 2023
$7.4m
SERIES A
This company has top investors
Amrit Robbins
(CEO)Completed a BS in Atmosphere and Energy Engineering at Stanford, before taking up a Senior Energy Development Associate role at Clark Energy Group. Subsequently co-founded and served as CEO at Axio Energy.