International legal practice Osborne Clarke’s Netherlands team has advised LiquidStack on its USD 10 million Series A financing round by strategic partner Wiwynn.
LiquidStack is the world’s largest liquid cooling company. Building on over eight years of data center cooling innovation, LiquidStack is born from The Bitfury Group’s liquid cooling subsidiary previously known as Allied Control Limited (ACL), having restructured as a new commercial operating company headquartered in the Netherlands, with its commercial headquarters in the USA and R&D located in Hong Kong.
LiquidStack also announced a strategic partnership with Wiwynn, an innovative cloud IT infrastructure provider of server and storage system design, manufacturing, and rack integration for data centers.
Partner Herke van Hulst, Associates Wouter Kok and Nick Staes, and Partner and Notary Cars Jan van Gool advised LiquidStack. Partners Arty Rajendra and Tamara Quinn from Osborne Clarke in the UK provided IP advice.
Osborne Clarke has a market-leading international venture capital practice and is widely recognized as a leading European law firm for companies operating in the TMC sector. It has an outstanding track record advising start-ups, global market leaders, angel investors and institutional VC/growth capital investors on funding rounds, follow-on rounds, venture debt facilities, IPOs, trade sales and buy & build projects.