What is Accelsius?
Founded in 2022 by Innventure, Accelsius is a private company headquartered in Austin, Texas, dedicated to developing and commercializing advanced cooling solutions for data centers and edge computing environments. Its proprietary NeuCool platform is a two-phase, direct-to-chip liquid cooling system engineered to manage the intense thermal demands of AI, high-performance computing, and other power-dense workloads. The NeuCool system utilizes a waterless, low-pressure dielectric refrigerant with zero ozone depletion potential, capable of cooling CPUs and GPUs at 4,500 watts or more per socket. This technology offers industry-leading thermal resistance and promises up to 35% lower annual operating costs compared to traditional single-phase cooling methods. Designed for serviceability, scalability, and reliability, Accelsius's platform supports deployments ranging from single racks to entire data centers, serving a diverse clientele across enterprise, cloud, telecom, financial services, and academic sectors with operations spanning North America and Europe.
How much funding has Accelsius raised?
Accelsius has raised a total of $89M across 2 funding rounds:
Series A
$24M
Series B
$65M
Series A (2024): $24M with participation from Innventure
Series B (2026): $65M led by Legrand, North & Central America and Johnson Controls
Key Investors in Accelsius
Innventure
Innventure, founded in 2015, specializes in launching new companies with high enterprise value potential by identifying and commercializing disruptive technologies. They provide leadership and support to new ventures, mitigating risks through their systematic DownSelect® analysis.
Legrand, North & Central America
Legrand, North & Central America, a leader in electrical and digital infrastructure solutions since 1966, focuses on creating innovative and sustainable connected products that transform spaces for living, working, and meeting.
Johnson Controls
Johnson Controls International plc is a diversified technology and multi-industrial company providing HVAC systems, building management, controls, and security solutions, alongside advanced battery technologies for various vehicle types.
What's next for Accelsius?
With its recent major strategic investment, Accelsius is positioned for significant expansion and technological advancement. The company's focus on sustainable and efficient cooling for AI and HPC workloads aligns perfectly with the industry's trajectory towards more powerful and energy-intensive computing. This funding will likely fuel further research and development of the NeuCool platform, enhance manufacturing capabilities, and broaden its market reach across key geographical regions. Accelsius's strategic backing from established industry players suggests a strong validation of its technology and business model, paving the way for accelerated adoption and market leadership in the critical data center infrastructure space.
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