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Axiom Exergy - About the company

Axiom Exergy is a series A company based in Berkeley (United States), founded in 2013 by Amrit Robbins and Anthony Diamond. It operates as a Thermal battery system for Commercial power consumers. Axiom Exergy has raised $10.1M in funding from investors like Sierra Angels, Victory Capital and Element 8. The company has 81 active competitors, including 26 funded and 2 that have exited. Its top competitors include companies like Antora, Sunamp and Electrified Thermal.

Company Details

Thermal battery system for Commercial power consumers. The platform provides turnkey energy-management solutions that reduce operational costs and business risk for supermarkets and commercial buildings with high refrigeration-based energy loads. The primary product is a solution that uses existing refrigeration systems in a commercial building or supermarkets to store thermal energy during off-peak hours and deploys it during peak hours. As a result, electricity demand is claimed to be reduced by up to 40 per cent during peak hours. The Refrigeration Battery provides both load-shifting that offsets costly on-peak electricity charges and on-demand backup cooling when power fails. The solution is controlled through backend software which optimizes the Refrigeration Battery’s charge cycle by storing refrigeration when energy costs are lowest and providing cooling services at peak consumption periods.
Social
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Email ID
*****@axiomexergy.com
Registered Address
Richmond, California
Key Metrics
Founded Year
2013
Location
Berkeley, United States
Stage
Series A
Total Funding
$10.1M in 3 rounds
Latest Funding Round
Ranked
Employee Count
20 as on Dec 31, 2022
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Axiom Exergy's funding and investors

Axiom Exergy has raised a total funding of $10.1M over 3 rounds. Its first funding round was on Apr 22, 2015. Its latest funding round was a Series A round on May 09, 2018 for $*****. 9 investors participated in its latest round. Axiom Exergy has 13 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Axiom Exergy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 09, 2018
3030899
Series A
3613721
9077584
8264708
5926199
Aug 02, 2016
4392683
Series A
4566314
7214777
1013430
Apr 22, 2015
9705192
Seed
4119953
3453256
2288136
6254835
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Axiom Exergy's founders and board of directors

Founder? Claim Profile
The founders of Axiom Exergy are Amrit Robbins and Anthony Diamond.
Here are the details of Axiom Exergy's key team members:

Axiom Exergy's employee count trend

Axiom Exergy has 20 employees as of Dec 22. Here is Axiom Exergy's employee count trend over the years:
Employee count trend for Axiom Exergy
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Axiom Exergy's Competitors and alternates

Top competitors of Axiom Exergy include Antora, Sunamp and Electrified Thermal. Here is the list of Top 10 competitors of Axiom Exergy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Antora
Antora
2018, Sunnyvale (United States), Series C
Manufacturer of thermal battery
$822M
66/100
2nd
Logo for Sunamp
Sunamp
2006, Edinburgh (United Kingdom), Series B
Manufacturer of thermal energy storage solutions for homes and buildings
$30.4M
64/100
3rd
Logo for Electrified Thermal
Electrified Thermal
2021, Medford (United States), Series B
Developer of novel heat battery for energy storage solutions
$23.5M
61/100
4th
Logo for Rondo Energy
Rondo Energy
2020, Alameda (United States), Series B
Provider of zero-emission heat solution for industrial applications
$107M
58/100
5th
Logo for MGA Thermal
MGA Thermal
2019, Newcastle (Australia), Series A
Provider of solutions for thermal energy storage
$47.1M
58/100
6th
Logo for Sage Geosystems
Sage Geosystems
2020, Bellaire (United States), Series B
Developer of geo-thermal energy projects
$154M
56/100
7th
Logo for Skyven Technologies
Skyven Technologies
2013, Richardson (United States), Series A
Solar thermal storage and power generation provider
$6.5M
55/100
8th
Logo for Fourth Power
Fourth Power
2021, Cambridge (United States), Series A
Energy storage solutions for grid
$39M
55/100
9th
Logo for Kyoto Group
Kyoto Group
2016, Lysaker (Norway), Series A
Provider of thermal energy storage solutions for industrial process heat applications
$13.1M
53/100
10th
Logo for Axiom Exergy
Axiom Exergy
2013, Berkeley (United States), Series A
Thermal battery system for Commercial power consumers
$10.1M
53/100
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Axiom Exergy's Investments and acquisitions

Axiom Exergy has made no investments or acquisitions yet.

Reports related to Axiom Exergy

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News related to Axiom Exergy

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