Sunnyvale, Calif.-based Mojave Energy Systems has announced the closing of a $19 million Series B funding to scale production of its ArctiDry platform, as commercial buildings move humidity control from an incidental byproduct of cooling to a deliberate priority. The round was led by new investor Fairtree Elevant Ventures of The Hague, with a significant investment from new investor River Bay Investments, of Jacksonville, Fla.
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