Subscribe to the daily news Sign in
En
Samsung Ventures invests in GRC as Samsung C&T forms strategic partnership
11 June 2025

Samsung Ventures invests in GRC as Samsung C&T forms strategic partnership

GRC (Green Revolution Cooling) has secured additional funding to support its expansion, with Samsung Ventures joining existing investors HTS, SK Enmove, and ENEOS. Simultaneously, Samsung C&T has entered into a strategic partnership with the company.

The investment follows several milestones GRC achieved in the past year, including new production-level customer deployments, multiple product launches, and renewal of its ISO 9001:15 certification. GRC also established an Engineering Alliance with Cisco and a strategic partnership with Park Place Technologies.

Among GRC’s recent projects, a 100 kW/rack production deployment at Shell was named a finalist in the DCD Global Awards' North American Data Center Project of the Year category.

In addition to the capital investment, Samsung C&T’s Engineering & Construction Group has signed a Business Collaboration Agreement with GRC. The collaboration focuses on developing solution reference designs to address thermal challenges in AI, HPC, and Edge data center deployments.

“GRC is delighted with this additional round of capital and vote of confidence from our existing investors, as well as our most recent investor, Samsung,” said Peter Poulin, CEO, GRC. “With this additional capital GRC will continue to innovate and expand its collaboration with strategic partners.”

Daejung Kim, VP of SK Enmove’s Green Business Office, added, “We warmly welcome Samsung to the growing family of GRC investors and immersion cooling collaborators.”
Share

Related news

Mojave Energy Systems names Greg Tatro VP of Sales
Mojave Energy Systems announced the appointment of Greg Tatro as Vice President of Sales on January 6, 2026, in Sunnyvale, California. The company said Tatro will lead its global sales initiatives,...
13 Jan 2026
U.S. HVAC Shipments Drop 46% in November 2025
U.S. shipments of central air conditioners and air-source heat pumps fell sharply in November 2025, totaling 379,470 units — a 46.4% decrease compared to 707,436 units shipped in November 2024, acc...
today
Daikin Applied acquires US-based Chilldyne to expand data center co...
Daikin Applied Americas has acquired Chilldyne, a US company specializing in negative pressure liquid cooling systems for high-performance and AI data centers. The acquisition enhances Daikin Appli...
05 Nov 2025
Munters receives $82M chiller order for US data center
Munters has secured an order worth 82 million USD (approximately 775 million SEK) for its Geoclima Circlemiser chillers, including service and commissioning. The order comes from a US-based dat...
30 Dec 2025
Daikin Italia appoints Hiroshi Shimada as CEO and President
Daikin Italia has announced the appointment of Hiroshi Shimada as CEO and President of Daikin Air Conditioning Italy, effective 1 January 2026. Shimada has more than 30 years of experien...
12 Jan 2026
Caverion selected for major data center project in Finland
Hyperco Fin HoldCo 1, the company behind the Kouvola data center project in southeastern Finland, has selected Caverion as its technical construction and installation partner. The agreement, signed...
10 Jan 2026