LiquidStack Gets $20 Million From Tiger Global to Bring Liquid Cooling to AI Data Centers Worldwide
LiquidStack recently announced that it received a $20 million Series B extension investment from the investment firm, Tiger Global, making LiquidStack’s total Series B funding $35 million. The company plans on using the funds to “expand its manufacturing footprint, scale its direct-to-chip and immersion cooling product family roadmaps, and broaden its commercial and R&D operations”.
“Every industry has its eye on AI, and data centers are now looking to liquid cooling to enable hyperscalers and global enterprises to capitalize on the vast potential of AI technologies,” said Wahid Nawabi, Chairman of the Board of Directors at LiquidStack. “As a liquid cooling provider that not only offers both hybrid and holistic cooling approaches, but also has a proven track record of deploying these technologies on a very large scale, LiquidStack is well-positioned to be at the leading edge of a new era of data center infrastructure.”
Among LiquidStack’s family of solutions are direct-to-chip cooling, single-phase immersion cooling, two-phase immersion cooling, MicroModular and MacroModular turnkey data centers, and full lifecycle services. All the company’s products are designed and manufactured in the U.S.
LiquidStack plans to “expand its direct-to-chip CDU roadmap to align with the thermal trajectory of GPU and CPU chips”. On top of this, the company will continue investing in both its two-phase and single-phase solutions to aid use cases “in which holistic liquid cooling is more suitable than hybrid approaches”.
“Liquid cooling has reached a pivotal moment in its trajectory, and the support of Tiger Global is a testament to the unique benefits LiquidStack’s technology and approach offers the market,” said Joe Capes, CEO of LiquidStack. “This new round provides a funding pathway for LiquidStack to fulfill its ambition as a full service liquid cooling provider and continue to offer the highest quality and most reliable liquid cooling products and services to meet customer needs.”
