Ferveret is a startup that focuses on developing liquid cooling solutions inspired by nuclear power plant cooling. Their slogan "Liquid cooling solutions inspired by nuclear power plant cooling." captures the essence of their innovative approach. The company was founded in 2021 and is based in the United States.
Ferveret's technology aims to revolutionize data centers by providing a solution that can potentially save data centers 96% in cooling costs, 68% in capital costs, and reduce their carbon footprint by 40%. Additionally, the technology is reported to increase chip performance by 2X. Given that approximately 40% of the electricity used in data facilities is wasted on cooling, Ferveret's proposal to eliminate this wasted energy holds great promise.
In September 2021, Ferveret successfully raised $2.10M in a Seed Round investment. The investors participating in this round include E14 Fund, Climate Capital, Cathexis Ventures, Verso Capital, Valkyrie Fund, Mohammad Zohour, and Eric Kwan. This funding round signifies a vote of confidence in Ferveret's vision and technological capabilities. With their innovative approach and the backing of notable investors, Ferveret is well-positioned to make a significant impact in the Data Analytics, Energy, and Hardware industries.