Mojave Energy Systems

Sunnyvale, CA · Founded 2022 · Privately Held (backing)

Manufacturer of an energy efficient equipment intended for commercial building applications including ventilation, DOAS, grocery stores, and hospitals. Mojave Energy Systems is based in Sunnyvale, CA and was founded in 2022. It was valued at $124 million at its Series B in Sep 2026, the last priced event on record. It has raised $22.2 million across 2 recorded rounds; the latest was a $19 million Series B in Sep 2026.

PMV mark · valuation
$123.7M
Oct 2026
Priced at
its Series B
Sep 2026
Total raised
$22.2M
Last round
Series B
Sep 2026

Mojave Energy Systems key facts

as of Oct 2026
  • Manufacturer of an energy efficient equipment intended for commercial building applications including ventilation, DOAS, grocery stores, and hospitals.
  • Mojave Energy Systems is valued at approximately $123.7M as of Oct 2026, set at its Series B, Sep 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $22.2M across 2 recorded rounds; the latest was Series B ($19.0M) in Sep 2026.
  • Notable investors include Alumni Ventures, Boost VC, Fifth Wall, At One Ventures, Cleo Capital — 11 tracked in total.
  • Mojave Energy Systems has filed 1 Form D with the SEC, most recently Dec 2024 ($9.6M sold to 8 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$123.7M

Valued at $123.7M at its Series B, Sep 2026. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Mojave Energy Systems funding rounds

2 rounds
Sep 2026Series B$19.0M▮
Aug 2024Early Stage VC$9.6MSEC filing▮

Mojave Energy Systems valuation

Mojave Energy Systems was valued at $124 million at its Series B in Sep 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

Recent activity

In the last 90 days, Mojave Energy Systems's record added 1 funding round.

How much has Mojave Energy Systems raised?

Mojave Energy Systems has raised $22.2 million across 2 recorded rounds since 2024. The largest was a $9.6 million early-stage round in Aug 2024; the most recent was a $19 million Series B in Sep 2026. 1 of the rounds disclosed a post-money valuation.

Mojave Energy Systems has filed 1 Form D with the SEC, most recently in Dec 2024 ($9.6 million sold to 8 investors).

Mojave Energy Systems investors

11 investors are on record for Mojave Energy Systems, including Alumni Ventures, Boost VC, Fifth Wall and At One Ventures. By type, the record holds 5 venture capital firms. The Series B in Sep 2026 drew 8 investors.

About Mojave Energy Systems

Manufacturer of an energy efficient equipment intended for commercial building applications including ventilation, DOAS, grocery stores, and hospitals. The company offers a thermally regenerated liquid desiccant air conditioner that operates reliably, provides superior comfort and costs about the same as the competition while saving about half the energy of that competition and reducing the carbon footprint of A/C use, enabling clients to save costs and energy.

Sector
Business Products and Services (B2B)
HQ
Sunnyvale, CA, United States
Founded
2022
Employees
46
Ownership
Privately Held (backing)

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