Investments
7Portfolio Exits
2Latest MIT Angels News
Aug 3, 2016
Richmond, California-based Axiom Exergy , a developer of energy storage devices specifically for facilities with large refrigeration needs, has raised $2.5M in a funding round, according to the company. The funding came from Element 8 Fund, Victory Capital, the MIT Angels, angel investors on the Propel(x) platform, the Sierra Angels, JB Straubel (co-founder and CTO of Tesla Motors), and others. Axiom Exergy develops thermal energy storage systems specifically used to reduce electricy costs for grocery stores and cold storage facilities.
MIT Angels Investments
7 Investments
MIT Angels has made 7 investments. Their latest investment was in Limer as part of their Bridge on November 11, 2021.

MIT Angels Investments Activity

MIT Angels Portfolio Exits
2 Portfolio Exits
MIT Angels has 2 portfolio exits. Their latest portfolio exit was Tertill on June 07, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
6/7/2023 | Merger | 1 | |||
Date | 6/7/2023 | |
---|---|---|
Exit | Merger | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 1 |
MIT Angels Team
1 Team Member
MIT Angels has 1 team member, including former President, Douglas C Spreng.
Name | Work History | Title | Status |
---|---|---|---|
Douglas C Spreng | President | Former |
Name | Douglas C Spreng |
---|---|
Work History | |
Title | President |
Status | Former |
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