XNRGY Climate Systems has completed its latest growth equity financing round with new investments from Capital Bridge Group and Prologis Ventures. They join existing investors Decarbonization Partners, Climate Investment, and Activate Capital. The funding complements previous 2023 investments from Idealist Capital and MKB, who remain key shareholders.
Capital Bridge Group, founded by Michael Ronen, participated in the round as its inaugural investment. Ronen previously held senior roles at Fortress Investment Group, Goldman Sachs, and SoftBank’s Vision Fund. Prologis Ventures, the investment arm of logistics real estate firm Prologis, also contributed to the round.
XNRGY, headquartered in North America, designs and manufactures high-efficiency liquid and air-cooling systems with integrated AI-enabled controls. The company’s technologies are targeted at the hyperscale data center market and engineered for modular scalability, reliability, and performance in high-ambient environments.
The company recently opened its Mesa 1 manufacturing facility in Arizona on October 23, 2025, and is expanding its U.S. operations to support growing demand for data center cooling systems. XNRGY also maintains operations in Montreal, Canada.
“We are thrilled to partner with Capital Bridge Group as we rapidly scale to meet customer demands for reliable and energy-efficient data center cooling solutions,” said Wais Jalali, Founder, Chairman and CEO of XNRGY.
Michael Ronen, Managing Partner at Capital Bridge Group, noted: “Our investment in XNRGY is a defining moment for Capital Bridge Group—our inaugural investment.”
William O’Donnell, Global Head of Corporate Development and Growth at Prologis, added: “Our investment in XNRGY helps advance the technology that supports the build out of the data center infrastructure that our daily lives run on.”
