GRC (Green Revolution Cooling) develops patented single-phase immersion-cooling systems, including the ICEraQ Series 10, for data centers. Its core product removes the need for chillers, CRACs, air handlers, humidity controls and other conventional cooling components to reduce design, build, energy, and maintenance costs. GRC’s solutions are deployed in twenty countries and are targeted at AI, blockchain, HPC, 5G, edge computing and other high-density applications. Recent traction includes a collaboration with Intel, significant deployments with Global Alliance Partners Dell and Vertiv across financial services, telecommunications and HPC, and installation at the Texas Advanced Computing Facility. The company has launched a pilot program for operators to test liquid immersion cooling, established a UK subsidiary, and initiated an annual Liquid Immersion Cooling Awareness Month to raise market awareness. GRC also received the Data Centre World Innovation Product of the Year Award and is using new funding to expand its international footprint and global headcount. GRC develops patented single-phase immersion-cooling systems that eliminate chillers, CRACs, air handlers and other conventional cooling infrastructure for data centers. Its product lines include ICEraQ™, ICEtank®, HashRaQ™ and HashTank®, deployed across next-gen applications such as AI, blockchain, HPC, 5G and edge computing. The company reports deployments in seventeen countries and recently supported Serbia’s first green data center, cutting that facility’s cooling electricity consumption by 90%. Over the last 12 months GRC secured OEM agreements with Dell and HPE, advanced pilots into production deployments, expanded existing customer sites, and opened a new office in India. The company says it is focused on new product development and strategic partnerships to grow market momentum and reduce data center carbon footprint. Financially, GRC has raised a total of $15 million to date, including the latest $7 million Series B.

Total raised

$35M

Funding rounds

2

Latest round

Series C

Latest activity

Mar 2022