LiquidStack completes Series B funding round

LiquidStack, the global leader in liquid immersion cooling for data centers, has received a Series B investment from Trane Technologies.

Trane Technologies, through its strategic brand Trane, is a global leader in sustainable heating, ventilation and air conditioning (HVAC) and one of the data center industry’s most prominent suppliers of mission-critical infrastructure. The investment will help further support the adoption of LiquidStack’s solutions and significantly reduce data center carbon footprint, water consumption, e-waste and environmental impact, while creating additional value for both Trane and LiquidStack customers.

The Osborne Clarke team assisting existing shareholder and founder, Bitfury, consisted of Partner Herke van Hulst, Senior Associate Wouter Kok and Associate Angela Saldanha (Corporate M&A) and Partner Roderick Nieuwmeyer (Competition).

Osborne Clarke’s corporate team is considered a go-to practice for many companies in the Tech, Media and Comms sector, working with global businesses to fast-growth market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.