LiquidStack - Series B
Overview
Funding Date
March 22, 2023
Financing amount
--
Valuation
--
Category
Subcategory
About LiquidStack - Series B
Immersion cooling technology firm LiquidStack secured a Series B funding round of undisclosed amount from Trane Technologies (TT). The fresh capital will be used primarily to scale up manufacturing – with the startup aiming to announce a U.S. facility in the third quarter – research and development to expand the offerings, and commercial operations
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | Unknown | -- | 1 | -- |
Founders & Team
Joe Capes
Kar-Wing Lau
Company Profile / Project Introduction
LiquidStack specializes in two-phase immersion cooling, in which computers are submerged in dielectric heat transfer liquid, as opposed to mineral oils used in other models. This type of liquid is more environmentally friendly to produce and less resource intensive than air cooling, currently the most common practice among bitcoin miners.