Leak detection software attracts $5m funding
27th February 2024USA: The refrigerant leak detection software created by San-Jose-based Axiom Cloud has attracted $5m in funding to accelerate its deployment.
The funding from Toshiba Tec and Windsail Capital Group is targeted at Axiom Cloud’s AI-powered Early Leak Detection (ELD) module, which detects refrigerant leaks earlier without requiring any new onsite hardware or sensors.
The ELD uses AI to identify system-level changes in performance trends that are leading indicators for a leak. It primarily employs eight indicators including superheat values, valve positions, component runtimes, enthalpy values, etc.
It does not require receiver-level sensors or PPM refrigerant sniffers to work, but these sensor values can be used in the model if the sensors are installed and properly calibrated.
Axiom’s leak-detection solution is listed by both the EPA and the California Air Resources Board (CARB), with its performance proven across hundreds of facilities.
“It can be deployed rapidly across thousands of sites without the need for expensive hardware retrofits, all while generating a great ROI,” said Amrit Robbins, CEO and co-founder of Axiom Cloud.
Axiom Cloud is recognised by the US EPA as one of ten compliant ALD system providers, and as one of only three of those companies offering indirect leak detection that don’t require the installation and maintenance of sensors on refrigeration equipment.
Axiom’s Cloud’s system delivers detailed notifications in real time, while minimising false positives and optimises leak detection efficiency through personalised algorithm adjustments in collaboration with partners.