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Home World Regional News Europe

Eindhoven-based Incooling bags €3.5M

Femi Thomas by Femi Thomas
01/19/2023
in Europe
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Incooling Netherlands

Incooling Netherlands

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Eindhoven-based Incooling, a company that designs and develops two-phase cooling system solutions for data centers, announced that it has closed a €3.5M pre-series A round of funding led by Pierburg Pump Technology, part of the Sensors and Actuators Division of Rheinmetall AG.

The Sensors and Actuators Division of Rheinmetall will also support the Dutch company with expertise in manufacturing and assembly processes.

Incooling was founded after a joint initiative of the Eindhoven Startup Alliance with members including ASML and Philips, and led by the HightechXL deep tech venture.

Primarily created to cool the largest scientific experiment on the planet, the Large Hadron Collider at CERN, Incooling adapted the unique properties of phase cooling and designed a next-generation two-phase cooled server dedicated to the data center industry.

The company’s server system featuring phase change cooling technology and AI-based control systems is designed to lower the temperature at which CPUs currently operate.

Incooling says its solution is ideal for the most demanding applications such as Artificial Intelligence (AI), High-Performance Computing (HPC), heavy R&D simulations, and high-frequency trading for banking solutions.

 

Read more on Tech Gist Africa:

Dutch thermoplastic composite pipe producer Strohm bags €15M

Dutch startup Microwoning.com secures €2.5M

Dutch-based RIFT gets €2M to use iron fuel tech

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