Series B · Hardware

Accelsius closes $65m Series B led by Johnson Controls

Legrand joins the financing as Accelsius expands production and prepares larger cooling deployments.

Industrial investors join the scale-up

Johnson Controls led Accelsius’ $65m Series B, with strategic investment from Legrand. Their thermal-management and data-centre infrastructure businesses provide a commercial connection to the cooling company’s market.

The financing supports expansion of Accelsius’ Austin production facility, international growth and product rollout. It follows an agreement to deploy NeuCool across a 300 MW DarkNX campus in Ontario; the agreement describes a planned deployment, rather than completed installation.

Funding history

Series B · This round$65M

Sources

  1. businesswire.com