LiquidStack builds liquid cooling for high-density data centers, including direct-to-chip coolant distribution units and two-phase and single-phase immersion systems. It is based in Carrollton, Texas, where it manufactures and runs R&D. It spun out of Bitfury in 2021, and Trane Technologies announced in 2026 that it would acquire LiquidStack.
LiquidStack designs and manufactures liquid cooling for AI factories, hyperscale and cloud, colocation, enterprise and edge data centers.
Source: liquidstack.com, investors.tranetechnologies.com
Its line includes the CDU-1MW, GigaModular CDU and CDU-2.X high-flow units, along with DataTank immersion systems in MicroModular and MacroModular formats.
Source: investors.tranetechnologies.com, liquidstack.com
LiquidStack grew out of Bitfury's cooling subsidiary Allied Control and spun out in 2021. Wiwynn invested in 2021 and Trane Technologies in 2023, and Trane announced plans to acquire it in 2026.
Source: techcrunch.com, liquidstack.com, investors.tranetechnologies.com
We found no LiquidStack entry in the Science Based Targets initiative dashboard (checked October 16, 2026).
Source: sciencebasedtargets.org
LiquidStack suits operators that want both CDU-based direct-to-chip cooling and immersion options, with Trane's service network.
| Field | Value | Source |
|---|---|---|
| Headquarters | Carrollton, Texas, USA | PUBLIC SOURCE investors.tranetechnologies.com |
| Founded | 2021 spin-out from Bitfury (origins as Allied Control, 2012) | PUBLIC SOURCE techcrunch.com |
| Ownership | Being acquired by Trane Technologies (NYSE: TT), announced 2026 | PUBLIC SOURCE investors.tranetechnologies.com |
| Operations and regions | Global; manufacturing and R&D in Carrollton, Texas | COMPANY WEBSITE liquidstack.com |
| Customers and markets | AI factories, hyperscale and cloud, colocation, enterprise and edge data centers | COMPANY WEBSITE liquidstack.com |
| Technologies | Direct-to-chip CDUs; two-phase and single-phase immersion cooling | PUBLIC SOURCE investors.tranetechnologies.com |
| Partners and named customers | Investors have included Wiwynn (2021) and Trane Technologies (2023) | COMPANY WEBSITE liquidstack.com |
Only what the company or an official register publishes. Targets and commitments are labelled as such. No data means we found no public figure, not that none exists.
| Field | Value | Source |
|---|---|---|
| SBTi target status | Not found in SBTi export (checked 2026-10-16) | PUBLIC SOURCE sciencebasedtargets.org |
Research note: Own website blocked automated fetch; facts above come from public sources.
Trane Technologies, announced in 2026. (investors.tranetechnologies.com)
In Carrollton, Texas. (investors.tranetechnologies.com)
CDUs and two-phase and single-phase immersion cooling. (investors.tranetechnologies.com)
Accessed Oct 24, 2026.
