Axiom Energy, backed by the Stanford-StartX Fund, has received series A capital from a consortium including corporates Great Plains Energy and Shell.
US-based refrigeration technology developer Axiom Energy raised $7.6m in a series A round on Wednesday from investors co-led by oil and gas company Shell and utility provider Great Plains Energy.
The two corporates participated through their respective investment units Shell Ventures and GXP Investments. They were joined by WorldQuant Ventures, SV Tech Ventures and Meson Capital.
Axiom Energy has developed technology to cool fridges in supermarkets and cold storage facilities at a reduced cost. Called Refrigeration Battery, the technology works…
