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Deal or Case news
20.09.2024
NautaDutilh advised LiquidStack, the global leader in liquid immersion cooling for data centers, on its USD 20 million Series B extension investment from Tiger Global.

This investment brings LiquidStack’s total Series B funding round to USD 35 million. LiquidStack will use 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.

It was a pleasure to work again with the LiquidStack team on this project, following our cooperation last year. This investment will allow LiquidStack to accelerate the growth of its industry-leading liquid cooling solutions
Willem Bijveld, Corporate M&A partner

The team further consisted of Fleur Terlouw, Eva van Rooijen, Sybren de Beurs (Corporate / M&A), Wijnand Bossenbroek, Marloes van der Laan, Eline Keuning (Corporate Advisory), Mauricette Schaufeli, Jasmijn van Koetsveld, Mees Veeger (Competition).

LiquidStack’s immersion liquid cooling is the only proven, highly scalable, environmentally safe and sustainable solution to meet the growing thermal challenges of cloud, enterprise, edge, high performance computing and crypto-mining applications. Since pioneering 2-phase immersion cooling in 2012, LiquidStack has deployed advanced cooling solutions across the world’s most demanding compute environments, actively reducing energy and water use on a massive scale. Today, LiquidStack provides thermal management solutions to many of the world’s largest cloud services, semiconductor, manufacturing and IT hardware providers.

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