JetCool, a Littleton, MA-based liquid cooling company for data centers, raised $17M in Series A funding.
The round was led by Bosch Ventures, with participation from In-Q-Tel, Raptor Group, and Schooner Capital. As part of its investment, Bosch Ventures Investment Partner, Adam Jackson, will join JetCool’s board of directors.
The company intends to use the funds to accelerate global growth and further expand its roadmap of liquid cooling solutions to match the demand for AI and high-density computing.
Led by CEO Bernie Malouin, JetCool has developed patented microconvective liquid cooling® technology essential for addressing overheating, enhancing performance, and prolonging the lifespan of computing systems. Deployed by several major chipmakers and OEMs, the solutions ensure sustained advancements in device efficiency, performance, reliability, and sustainability.
The investment also follows two significant industry partnerships forged by JetCool. In May, the company debuted its SmartPlate System for Dell Technologies’ PowerEdge servers. By integrating its advanced liquid cooling into Dell PowerEdge servers, customers can deploy liquid cooling within the space of a traditional air-cooled server, maximizing server investments while achieving superior computing performance. In June, JetCool announced a collaboration with DuPont to increase the adoption of advanced liquid cooling technology and create a sales channel to target semiconductor companies in Taiwan and Singapore.
FinSMEs
11/10/2023