LiquidStack Secures Round B Financing from Trane Technologies

03/22/2023 13:27 • Tech Ticker • 138 views

On March 22, it was announced that LiquidStack, an immersive cooling technology company, had obtained a round B financing funded by Trane Technologies (TT), with an undisclosed amount. This round of financing will be used to expand manufacturing scale and establish factories in the United States in the third quarter to expand product research and development and commercial operations.

Immersive cooling technology company LiquidStack completes Round B financing

Introduction

On March 22, LiquidStack, an immersive cooling technology company, announced that it had secured a round B financing funded by Trane Technologies, with an undisclosed amount. This financing will be used to expand manufacturing scale, establish factories in the United States in the third quarter, and expand product research and development, as well as commercial operations.

Liquid Cooling Technology

The traditional method of air cooling has limitations in terms of energy efficiency, space requirements, and cost-effectiveness. Liquid cooling technology provides a more efficient and cost-effective solution for data centers, high-performance computing, and other electronics. Liquid cooling technology enables the cooling of electronic devices more uniformly and effectively, ensuring that devices can run at peak performance levels for a longer period of time.

Advantages of LiquidStack Immersion Cooling

LiquidStack is a pioneer in immersive cooling technology, which is more effective than traditional liquid cooling. Immersion cooling involves completely submerging electronic devices such as servers, storage, and networking equipment in a non-toxic coolant. This approach eliminates the need for individual, active cooling equipment for each device, resulting in higher energy efficiency, greater density, and lower costs.

Round B Financing from Trane Technologies

Trane Technologies, a leader in indoor environmental quality, has funded LiquidStack’s round B financing to expand its manufacturing scale in the United States in the third quarter of the year. This round of financing will also help LiquidStack to further develop its product research and development, expand commercial operations, and improve the scalability of the company.

Expansion Strategy

With the round B financing, LiquidStack plans to expand its facilities and operations in the United States as part of its ongoing efforts to develop and deliver innovative cooling technologies. The expansion of LiquidStack’s manufacturing capabilities will enable it to produce immersive cooling technology on a larger scale, offering greater benefits to its clients.

Benefits for Customers

The shared vision of LiquidStack and Trane Technologies is to help data centers and other electronic device providers address the immense challenges of energy consumption and the need for more efficient and sustainable cooling solutions. The collaboration of LiquidStack and Trane Technologies will enable the development and delivery of innovative and more efficient cooling solutions, resulting in enhanced performance, higher reliability, and significant cost savings for customers.

Conclusion

The round B financing from Trane Technologies is an opportunity for LiquidStack to elevate its immersive cooling technology to the next level. The expansion of LiquidStack’s manufacturing capabilities and R&D operations will enable it to better serve its growing customer base and enhance its position as a leader in the immersive cooling technology market.

FAQs

1. How does immersive cooling technology work?

Immersive cooling technology involves submerging electronic devices in a non-toxic coolant, eliminating the need for individual, active cooling equipment for each device. This approach results in higher energy efficiency, greater density, and lower costs.

2. How will LiquidStack use the round B financing from Trane Technologies?

LiquidStack will use the round B financing to expand its manufacturing scale, establish factories in the United States, and expand product research and development, as well as commercial operations.

3. What benefits will customers receive from LiquidStack’s immersive cooling technology?

Customers will benefit from enhanced performance, higher reliability, and significant cost savings resulting from innovative and more efficient cooling solutions.

This article and pictures are from the Internet and do not represent SipPop's position. If you infringe, please contact us to delete:https://www.sippop.com/8580.htm

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.