GRC (Green Revolution Cooling), the leader in single-phase immersion cooling for data centers, has secured additional investment to support its growth. Samsung Ventures joins all of GRC’s major shareholders, including HTS, SK Enmove, and ENEOS in this latest financing, while Samsung C&T enters into a strategic partnership with the company.
The funding follows significant milestones the company has achieved in the past 12 months, including the addition of new production-level customers, several new product releases, renewal of its ISO 9001:15 Quality Management System certification, an Engineering Alliance with Cisco, and a strategic partnership Park Place Technologies, a worldwide leader in data center operation and maintenance services.
A GRC 100kw/rack production deployment at Shell was named a finalist in DCD Global Award’s category for North American Data Center Project of the Year.
“GRC is delighted with this additional round of capital and vote of confidence from our existing investors, as well as our most recent investor, Samsung,” said Peter Poulin, CEO, GRC. “The company is well positioned to meet the growing demands of the marketplace and will continue its legacy of leadership in data center single-phase liquid immersion cooling. With this additional capital GRC will continue to innovate and expand its collaboration with strategic partners to deliver low TCO, low risk integrated designs supported by local installation, operation and maintenance expertise.”
In addition to the infusion of capital, Samsung C&T also joins GRC’s growing ecosystem of strategic partners delivering solutions to the datacenter market. A Business Collaboration Agreement has been reached between Samsung C&T E&C Group and GRC. “Samsung C&T E&C Group is excited to be collaborating with GRC. The collaboration with Samsung’s C&T Data Center Biz Team and GRC includes the development of solution reference designs that rise to the thermal challenges of new AI, HPC, and Edge deployments,” said Samsung C&T.
SK Enmove VP Green Business Office, Daejung Kim commented, “We warmly welcome Samsung to the growing family of GRC investors and immersion cooling collaborators. Through our shared commitment and investments in GRC, we aim to reduce the cost, complexity, and environmental impact of the world’s digital infrastructure, paving the way for a more sustainable future.”
