What is Accelsius?
Founded in 2022 by Innventure, Accelsius is a private company headquartered in Austin, Texas, dedicated to revolutionizing data center cooling. Its proprietary NeuCool platform is a two-phase, direct-to-chip liquid cooling system engineered to meet the intense thermal demands of AI, high-performance computing, and other power-dense workloads. This innovative, waterless, low-pressure dielectric refrigerant system offers industry-leading thermal resistance and can reduce annual operating costs by up to 35% compared to traditional single-phase cooling methods. Designed for scalability and reliability, the NeuCool platform supports deployments 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 Johnson Controls and Legrand, North & Central America
Key Investors in Accelsius
Johnson Controls
Johnson Controls is a global diversified technology and multi-industrial company specializing in HVAC systems, building management, and controls. Their investment in Accelsius likely signals a strategic interest in advanced cooling technologies for enterprise buildings and data centers.
Legrand, North & Central America
Legrand, North & Central America provides electrical and digital infrastructure solutions, focusing on transforming spaces with innovative and sustainable connected products. Their participation suggests a focus on the integration of advanced cooling within broader data center infrastructure.
Innventure
Innventure is a venture builder that launches companies based on disruptive technologies. As a founder investor, their continued backing of Accelsius highlights their belief in the company's potential and its proprietary NeuCool platform.
What's next for Accelsius?
With its recent major strategic investment and a substantial total funding base of $89M, Accelsius is poised to further scale its operations and enhance its technological offerings. The company's focus on addressing the critical thermal challenges posed by AI and HPC workloads positions it favorably within a rapidly expanding market. Future developments are likely to involve expanding its market reach, further refining its NeuCool platform for even greater efficiency and capacity, and solidifying its partnerships with key industry players to drive adoption across enterprise and cloud data center environments. This capital infusion will be instrumental in accelerating Accelsius's mission to provide sustainable and cost-effective cooling solutions for the next generation of computing infrastructure.
See full Accelsius company page