Axiom Cloud Closes $5 Million in Funding to Accelerate Deployment of Refrigerant Leak Detection Software
SAN JOSE, Feb. 27, 2024 /PRNewswire/ -- Axiom Cloud, announced today that it closed $5 million in funding from Toshiba Tec and Windsail Capital Group. This funding aims to accelerate the deployment of the company's AI-powered "Early Leak Detection" (ELD) module, which detects refrigerant leaks earlier without requiring any new onsite hardware or sensors. Axiom Cloud's technology and services will be especially vital as facilities move to comply with recently-announced EPA regulations outlined in the American Innovation and Manufacturing (AIM) Act, which restrict commercial emissions of Hydrofluorocarbons (HFCs) through refrigerant leaks and other sources.
- SAN JOSE, Feb. 27, 2024 /PRNewswire/ -- Axiom Cloud , announced today that it closed $5 million in funding from Toshiba Tec and Windsail Capital Group .
- This funding aims to accelerate the deployment of the company's AI-powered " Early Leak Detection " (ELD) module, which detects refrigerant leaks earlier without requiring any new onsite hardware or sensors.
- "This is our industry's moment to make a big dent in climate change," said Amrit Robbins, CEO and Co-Founder of Axiom Cloud.
- "Axiom Cloud can help retailers reduce costs and improve operational efficiency, which we believe can benefit our customers significantly.