Datacenter Cooling — Timeline
21 milestones, source-traced.
Jan 7, 2025
Partnership: Munters participated in Qvantum's $96M Series C funding round at a $347M valuation on…
Munters participated in Qvantum's $96M Series C funding round at a $347M valuation on January 7, 2025.
funding-research →Jul 17, 2025
Earnings: In its Q2 2025 interim report Munters reported continued strong growth led by Data…
In its Q2 2025 interim report Munters reported continued strong growth led by Data Center Technologies, which was its largest business area at roughly SEK 7 billion of the group's ~SEK 15.5 billion FY2024 net sales base, driven by AI data center cooling demand.
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Oct 24, 2025
Earnings: Munters' Q3 2025 interim report highlighted sustained double-digit demand in Data Center Technologies as…
Munters' Q3 2025 interim report highlighted sustained double-digit demand in Data Center Technologies as customers shifted toward higher-density rack cooling, building on a group net sales base of approximately SEK 15.5 billion in FY2024.
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Oct 31, 2025
Acquisition: nVent Electric's EPG acquisition grew sales by strong double digits year-over-year and contributed to…
nVent Electric's EPG acquisition grew sales by strong double digits year-over-year and contributed to a 53% increase in adjusted operating income, as reported in Q3 2025 results released October 31, 2025.
funding-research →Nov 30, 2025
Customer Win: Asetek RackCDU D2C platform integrated into AI server SKUs from Dell, Supermicro, HPE for…
Asetek RackCDU D2C platform integrated into AI server SKUs from Dell, Supermicro, HPE for >100kW liquid-cooled deployments.
customer_wins_seed →Jan 1, 2026
Acquisition: Munters paid MUSD 18.5 in contingent consideration to sellers of prior acquisition MTech, fully…
Munters paid MUSD 18.5 in contingent consideration to sellers of prior acquisition MTech, fully accrued by end of 2025.
funding-research →Jan 22, 2026
Customer Win: Iceotope KU:L precision liquid cooling chassis qualified at multiple HPC + AI datacenter customers…
Iceotope KU:L precision liquid cooling chassis qualified at multiple HPC + AI datacenter customers with >100kW per rack density requirements.
customer_wins_seed →Jan 22, 2026
Customer Win: CoolIT Systems published a customer showcase featuring GWDG (Gesellschaft für Wissenschaftliche Datenverarbeitung) deploying CoolIT's…
CoolIT Systems published a customer showcase featuring GWDG (Gesellschaft für Wissenschaftliche Datenverarbeitung) deploying CoolIT's Direct Liquid Cooling to enable AI infrastructure.
funding-research →Feb 5, 2026
Customer Win: nVent Schroff liquid cooling enclosures and rack manifolds deployed across hyperscaler AI server programs;…
nVent Schroff liquid cooling enclosures and rack manifolds deployed across hyperscaler AI server programs; Q4 2025 earnings highlighted AI as primary datacenter growth driver.
customer_wins_seed →Feb 6, 2026
Earnings: In its FY2025 year-end report Munters reported full-year net sales above the approximately SEK…
In its FY2025 year-end report Munters reported full-year net sales above the approximately SEK 15.5 billion recorded in FY2024, with Data Center Technologies remaining the primary growth engine on AI data center cooling demand.
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Feb 15, 2026
Customer Win: CoolIT Systems shipping direct-to-chip liquid cooling CDUs into CoreWeave's GPU cluster buildout for OpenAI…
CoolIT Systems shipping direct-to-chip liquid cooling CDUs into CoreWeave's GPU cluster buildout for OpenAI / hyperscaler GPU rental workloads.
customer_wins_seed →Mar 18, 2026
Customer Win: Vertiv Liebert XDU and rear-door heat exchanger products were named in NVIDIA GB200 NVL72…
Vertiv Liebert XDU and rear-door heat exchanger products were named in NVIDIA GB200 NVL72 reference architecture, deployed at multiple hyperscaler GB200 sites.
customer_wins_seed →Mar 20, 2026
Acquisition: Ecolab announced the acquisition of CoolIT Systems for $4.75 billion in cash, representing approximately…
Ecolab announced the acquisition of CoolIT Systems for $4.75 billion in cash, representing approximately 29x estimated next-12-month adjusted EBITDA, with closing expected in Q3 2026.
funding-research →Mar 20, 2026
Acquisition: Ecolab entered a definitive agreement to acquire CoolIT Systems for $4.75 billion in cash,…
Ecolab entered a definitive agreement to acquire CoolIT Systems for $4.75 billion in cash, with the deal expected to close in Q3 2026.
funding-research →Apr 1, 2026
Customer Win: Munters won a BSEK 2.0 order (approx. €17.5M) for a modular AI cooling solution…
Munters won a BSEK 2.0 order (approx. €17.5M) for a modular AI cooling solution from a US colocation data center provider, including custom CDUs and CRAHs for an AI factory build-out, with deliveries expected early 2027–Q1 2028.
funding-research →May 14, 2026
Funding: Iceotope closed a $26 million Series B round led by Two Seas Capital and…
Iceotope closed a $26 million Series B round led by Two Seas Capital and Barclays Climate Ventures, with participation from Edinv, ABC Impact, Northern Gritstone, and the British Business Bank.
funding-research →May 14, 2026
Funding: Iceotope closed a $26 million Series B round on May 14, 2026, led by…
Iceotope closed a $26 million Series B round on May 14, 2026, led by Two Seas Capital and Barclays Climate Ventures, with participation from Edinv, ABC Impact, Northern Gritstone, and the British Business Bank.
funding-research →Jun 1, 2026
Product Launch: CoolIT Systems demonstrated a 15kW Coldplate for high-performance computing applications.
funding-research →Jun 2, 2026
Acquisition: Munters acquired OPTIfarm on June 2, 2026, for an undisclosed amount.
funding-research →Jun 11, 2026
Partnership: Munters joined the Energy Efficiency Movement as an Active Mover.
funding-research →Jun 11, 2026
Partnership: Munters joined the Energy Efficiency Movement as an Active Mover on June 11, 2026.
funding-research →
Milestones merged from 0 curated events, 0 verified facts (with observed dates), and 21 business signals from the last 24 months. Deduped by date + label; curated entries take precedence.
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