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Earth VC backs Mojave Energy System

Earth Venture Capital invests in Mojave Energy Systems, a U.S.-based startup, to advance the adoption of sustainable, energy-efficient cooling technology.


Earth VC has announced their participation in Mojave Energy Systems’ $9.5 million Series A funding round. This investment highlights Earth VC’s commitment to accelerating climate-friendly innovations that address critical energy and emissions challenges in the built environment. The round was led by Fifth Wall and At One Ventures, with additional participation from Myriad Venture Partners, Starshot Capital, and Alumni Ventures Group.


Mojave's CEO: Philip Farese
Mojave's CEO: Philip Farese

Why Mojave Energy Systems? Cooling Smarter, Not Harder


As Asia urbanizes at breakneck speed, cooling demand is set to skyrocket—a sixfold increase by 2040. This surge presents a monumental challenge: how do we fuel economic growth without torching the planet? Enter Mojave Energy Systems. Their game-changing ArctiDry technology delivers energy-efficient cooling that tackles the dual pressures of sustainability and skyrocketing energy demand.


Southeast Asia, with its booming cities, is feeling the heat—literally and figuratively. Energy infrastructure is buckling under unprecedented strain, and stricter environmental regulations demand action. Mojave’s innovations do not just ease the burden—they set a new standard for sustainable cooling.


At Earth VC, we are laser-focused on solutions that matter. Mojave’s mission to slash the climate footprint of HVAC systems, responsible for 40% of building energy use, perfectly syncs with our vision: empowering transformative tech to decarbonize Asia and beyond.


Milestones to Brag About


  • Sales Explosion: Secured 19 distribution partners across the U.S., with sights set on expanding in 2025.

  • Funding Dominance: Series A funding elevates their total to $25.6M—fueling production and R&D at scale.

  • Tech Leap: The 2025 launch of ArctiDry HP integrates liquid desiccant technology with reversible heat pumps, setting the stage for zero-carbon heating and cooling.


The Bigger Picture


With rising global temperatures and skyrocketing energy demand, the world desperately needs smarter cooling solutions. Mojave’s innovations do not just meet environmental regulations—they are rewriting them. Scalable, cost-efficient, and climate-friendly, this tech is a beacon for industries grappling with sustainability mandates.


Where We Are Heading Together


This funding is just the beginning. Mojave is gearing up to:


  • Supercharge Manufacturing: Scaling up operations to meet surging demand.

  • Expand Product Lines: Launching ArctiDry HP for zero-carbon heating and cooling.

  • Test in New Markets: Field-testing systems for diverse building applications.


Stay tuned as we continue championing the technologies shaping our planet’s sustainable future.

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