Powerhouse

Founded in 2013, Powerhouse is an innovation firm that supports seed-stage startups developing software to accelerate decarbonization in global energy and mobility systems. It offers a 6-month program, investing $50,000 to $250,000 for equity stakes.

Past deals in Refrigeration

Axiom Cloud

Series A in 2023
Axiom Cloud, based in Oakland, California, specializes in providing artificial intelligence solutions for commercial refrigeration applications, primarily serving supermarkets across North America. The company's platform focuses on power management and maintenance, offering tools like the Virtual Technician, which predicts equipment failures before they occur, and the Virtual Battery, which optimizes energy use by pre-cooling cases and intelligently managing compressor loads. Axiom Cloud targets the retail grocery sector, charging customers an initial setup fee for installing and configuring their IoT platform, along with recurring subscription fees for cloud-based software applications. The company was founded in 2014.

Axiom Cloud

Seed Round in 2021
Axiom Cloud, based in Oakland, California, specializes in providing artificial intelligence solutions for commercial refrigeration applications, primarily serving supermarkets across North America. The company's platform focuses on power management and maintenance, offering tools like the Virtual Technician, which predicts equipment failures before they occur, and the Virtual Battery, which optimizes energy use by pre-cooling cases and intelligently managing compressor loads. Axiom Cloud targets the retail grocery sector, charging customers an initial setup fee for installing and configuring their IoT platform, along with recurring subscription fees for cloud-based software applications. The company was founded in 2014.

Axiom Cloud

Seed Round in 2021
Axiom Cloud, based in Oakland, California, specializes in providing artificial intelligence solutions for commercial refrigeration applications, primarily serving supermarkets across North America. The company's platform focuses on power management and maintenance, offering tools like the Virtual Technician, which predicts equipment failures before they occur, and the Virtual Battery, which optimizes energy use by pre-cooling cases and intelligently managing compressor loads. Axiom Cloud targets the retail grocery sector, charging customers an initial setup fee for installing and configuring their IoT platform, along with recurring subscription fees for cloud-based software applications. The company was founded in 2014.
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