LiquidStack Holding B.V., a liquid immersion cooling for data centers company, announced today that it has raised $20 million in new funding from investment firm Tiger Global Management to expand its manufacturing footprint, scale its direct-to-chip and immersion cooling product family roadmaps, and broaden its commercial and research and development operations.
Founded in 2012, LiquidStack provides liquid cooling for information technology hardware, telecommunications and blockchain systems. The company’s liquid cooling solutions serve as a backbone for highly scalable and environmentally safe hyperscale, colocation, enterprise, edge and blockchain data centers.
LiquidStack provides a range of liquid cooling products and services that are designed to deliver superior energy efficiency and performance. Its offerings include direct-to-chip cooling that features a coolant distribution unit line tailored for high-demand computing applications like generative artificial intelligence and high-performance computing. The first product in this series, the CDW-1MW, offers 1,350kW cooling capacity and is certified by ETL, Canadian Standards Association and Conformitè Europëenne.
The company also specializes in immersion cooling technologies. Its offerings include a single-phase immersion cooling system that enhances heat transfer and is suitable for retrofitting into existing data centers and modular containers. For high-density server environments, LiquidStack’s two-phase immersion cooling solution offers thermal management with minimal energy usage.
In addition, LiquidStack also offers micro data centers — compact, self-contained computing units designed to provide localized data processing and storage close to the edge of a network. The company’s MicroModular and MacroModular data centers provide modular, turnkey solutions with 250kW to 1.5MW cooling capacities that cater to edge computing and 5G needs.
Notably, all LiquidStack products and designed and manufactured in the U.S. at a facility in Carrollton, Texas, which opened in March.
With the new funding, LiquidStack is planning to expand its direct-to-chip coolant distribution unit roadmap to align with the thermal trajectory of GPU and CPU chips. LiquidStack will also continue to invest in its two-phase and single-phase solutions to support use cases in which holistic liquid cooling is more suitable than hybrid approaches.
“This new round provides a funding pathway for LiquidStack to fulfill its ambition as a full-service liquid cooling provider and continue to offer the highest quality and most reliable liquid cooling products and services to meet customer needs,” said Chief Executive Joe Capes.