Axiom Exergy

Axiom Exergy develops thermal battery systems for commercial power consumers that provide turnkey energy management solutions reducing operational costs and business risk for supermarkets and commercial buildings with high refrigeration-based energy loads. The company's primary product uses existing refrigeration systems in commercial buildings and supermarkets to store thermal energy during off-peak hours when electricity prices are low, and deploys that stored thermal energy during peak hours when electricity demand and prices are highest. This approach reduces electricity demand charges and overall energy costs without requiring replacement of existing refrigeration infrastructure, making it a cost-effective retrofit solution for commercial facilities. The thermal battery system addresses the significant energy consumption of commercial refrigeration, which represents a major operational expense for grocery stores, cold storage facilities, and other businesses with substantial cooling requirements. By shifting energy consumption from peak to off-peak periods, Axiom Exergy helps commercial customers reduce their carbon footprint while improving energy cost predictability and operational resilience. Founded in 2013 and headquartered in Berkeley, United States, Axiom Exergy has raised approximately $10.1 million at the Series A stage from investors including Element 8, Victory Capital, Sierra Angels, Evergy Ventures, WorldQuant Ventures, Meson Capital, SV Tech Ventures, Seabed VC, StartX, Shell Ventures, E8, North Bay Angels, and Harbor Street Ventures.