Tech Company Financing Transactions
LiquidStack Funding Round
LiquidStack, based in Marlborough, raised investment capital from Trane Technologies.
Transaction Overview
Company Name
Announced On
3/23/2023
Transaction Type
Amount
Unknown
Round
Series B
Investors
Trane Technologies (Lead Investor)
Proceeds Purpose
The company intends to use the funds: to ramp up manufacturing, including the opening of a state-of-the-art facility in the United States, to further invest in R&D, especially in the field of advanced dielectric fluids that reduce both global warming and ozone depletion while replacing environmentally harmful refrigerants, and to expand sales, marketing and service delivery capabilities.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
11 Apex Dr 300A
Marlborough, MA 01752
USA
Marlborough, MA 01752
USA
Phone
Website
Email Address
Overview
LiquidStack pioneered 2-phase immersion cooling and holds multiple awards for building the world's most efficient data centers. From Micro Data Centers to hyperscale sites, we have the experience to deliver your project on time and on budget. Formerly known as Allied Control Limited (ACL), LiquidStack has evolved to become the world's largest supplier of liquid cooling -- larger than all of our competitors combined.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joe Capes
Chief Technical Officer
Kar Lau
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