Tech Company Financing Transactions
Accelsius Funding Round
Accelsius secured a $24 million Series A funding round on 11/14/2024. Investors included Innventure.
Transaction Overview
Company Name
Announced On
11/14/2024
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its plans for an international presence, continue to grow shipments and revenue in the U.S., and expand its professional teams across engineering, R&D, sales, marketing, manufacturing and operations.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
1835-B Kramer Lane 2-180
Austin, TX 78758
USA
Austin, TX 78758
USA
Phone
Undisclosed
Website
Email Address
Overview
Accelsius was formed in 2022 to develop and commercialize a cooling solution system based on years of scientific thermal research conducted by Bell Labs. Founded by Innventure -- a technology commercialization company that specializes in identifying, funding, and scaling disruptive technologies -- our experts have created a new liquid cooling system that is serviceable, scalable and resilient: NeuCool.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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