RICHMOND, Calif. — Axiom Exergy announced it has raised $2.5 million from investors to assist in scaling its thermal energy storage solution in the grocery store and cold storage facility markets. By utilizing its Refrigeration Battery, Axiom said businesses like supermarkets and food distribution centers can reduce their peak energy demand by up to 40 percent and protect perishable inventory from spoiling during power outages with dedicated backup cooling.
Axiom Raises Funds to Meet Demand for Energy Storage in Refrigeration
on August 19, 2016
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