Subscribe to the daily news Sign in
En
LiquidStack Secures $20 Million from Tiger Global to Expand Liquid Cooling for AI Data Centers
25 September 2024

LiquidStack Secures $20 Million from Tiger Global to Expand Liquid Cooling for AI Data Centers

LiquidStack, a global leader in liquid cooling for data centers, has secured a $20 million Series B extension investment from Tiger Global, bringing its total Series B funding to $35 million. This investment will enable LiquidStack to expand its manufacturing, scale its product family, and broaden its commercial and R&D operations.

“Every industry has its eye on AI, and data centers are now looking to liquid cooling to enable hyperscalers and global enterprises to capitalize on the vast potential of AI technologies," said Wahid Nawabi, Chairman of LiquidStack. "LiquidStack is well-positioned to be at the leading edge of a new era of data center infrastructure.”

LiquidStack offers a comprehensive portfolio of advanced, energy-efficient liquid cooling products and services, including:

  • Direct-to-Chip Cooling: A universally compatible CDU line for advanced computing applications like generative AI and HPC, with the inaugural CDW-1MW product offering 1,350kW of cooling capacity.
  • Single Phase Immersion Cooling: Advanced flow technology optimizing heat transfer and suitable for data center retrofit and modular containers.
  • Two Phase Immersion Cooling: Space-saving technology with superior thermal management and minimal energy consumption, ideal for high-density servers.
  • Micro Data Centers: The MicroModular and MacroModular turnkey data centers offering various capacities of liquid cooling for edge and 5G use cases.
  • Full Lifecycle Services: Expert installation, proactive maintenance, and continuous support.

All products are designed and manufactured at LiquidStack’s facility in Carrollton, Texas, which opened in March 2024. The company plans to expand its direct-to-chip CDU roadmap to match the thermal needs of GPU and CPU chips and continue investing in its immersion cooling solutions.

“Liquid cooling has reached a pivotal moment in its trajectory, and the support of Tiger Global is a testament to the unique benefits LiquidStack’s technology offers,” said Joe Capes, CEO of LiquidStack. "This funding will enable LiquidStack to fulfill its ambition as a full-service liquid cooling provider and offer the highest quality and most reliable products and services."
Share
Get the daily refrigeration briefing
Trusted by 3,000+ refrigeration professionals worldwide
By subscribing, you create a free Refindustry account and agree to our Terms of Service and Privacy Policy.
No spam. Only industry-relevant news.
Unsubscribe anytime.

Related news

Daikin named defendant in U.S. HVAC price-fixing lawsuit
Daikin Industries and its U.S. subsidiaries have been named as defendants in a lawsuit filed in the United States District Court for the Eastern District of Michigan on March 20, 2026. The case all...
10 Apr 2026
Modine appoints Art Laszlo to lead new US data centers segment
Modine has promoted Art Laszlo to President of its newly created Data Centers segment, effective April 1, 2026. The business was previously part of the company’s Climate Solutions segment. Modine s...
15 Apr 2026
Daikin opens new facility to expand HVAC presence in New Zealand
Daikin has opened a new multi-million-dollar facility in New Zealand, reinforcing its long-term commitment to the country’s HVAC market. The investment forms part of the company’s broader 30-...
17 Apr 2026
Modine joins US DOE Better Plants program, reports CDP and EcoVadis...
Modine has joined the U.S. Department of Energy’s Better Plants program as part of its efforts to reduce energy intensity and support sustainability. The company said the move adds to its recent su...
08 Apr 2026
AAON appoints new CFO and adds general counsel in Oklahoma
AAON said Andy Cheung will join the Oklahoma-based HVAC company on April 20, 2026, as executive vice president and chief financial officer, while Luke Bomer joined on April 1 in the newly creat...
09 Apr 2026
Swegon reshapes portfolio with Netherlands divestment and Denmark deal
Swegon Group AB has agreed to divest UltimAir, a subsidiary of Swegon Netherlands, to Airvance Group and to acquire Dantherm’s residential ventilation business in Denmark. The two transactions ...
15 Apr 2026