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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."
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