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JetCool Technologies

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Compact cooling solutions for high power electronics

Littleton, United StatesFounded 2019Hosting
Valuation $100–250M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for JetCool Technologies and the history behind them.

About JetCool Technologies

JetCool Technologies Inc. operates in the high-performance computing and data center cooling market, addressing the growing thermal challenges presented by modern, power-dense electronics. The company was founded in 2019 by Bernie Malouin, who serves as the CEO. Malouin's background includes a Ph.D. in Mechanical Engineering from MIT and extensive experience in thermal management and electronics cooling, including a tenure at the MIT Lincoln Laboratory, which provides a strong technical foundation for the company's direction.

The core of JetCool's business is its proprietary microconvective cooling technology, which utilizes small, targeted jets of dielectric fluid to cool high-power components like CPUs and GPUs directly. This method is designed to be significantly more effective and efficient than traditional air-cooling or cold plate solutions. The company's product line includes the JetCool Module (or cooling module) and the SmartPlate, which are engineered to reduce thermal resistance and manage heat loads exceeding 1000W per chip. These products enable data centers to increase compute density and performance without the extensive infrastructure required for direct-to-chip liquid cooling systems that use facility water.

JetCool's business model revolves around selling these advanced cooling modules and related hardware to data center operators, high-performance computing clusters, and semiconductor manufacturers. By offering a self-contained liquid cooling solution, the company targets clients looking to enhance the performance and efficiency of their existing infrastructure while mitigating the risks of overheating and thermal throttling. The firm has achieved notable milestones, including securing an R&D contract with the U.S. Air Force to cool radar systems and raising significant venture capital, with a $17 million Series A round announced in September 2023 led by Bosch Ventures.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2019
Headquarters
Littleton, United States
Employees
71
Open positions
12
Dealroom signal
86.1/100
Industry
Hosting
Sector
Hosting, Spinout, Sustainable Development Goals, Climate Tech, Data Centers, green computing
Technology
Hardware
Business model
Manufacturing
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2024 $0 — FLEX ↗
SERIES A✓Equity / VC Oct 2023 $17M $68M Schooner Capital · In-Q-Tel · Bosch Ventures ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

JetCool Technologies website traffic

Latest recorded traffic for JetCool Technologies is 9.7K monthly website visits, up 1% over the last three months. JetCool Technologies's team grew 9.2% over the past year.

Latest monthly visits9.7K 3-month web change+1% 1-year team growth+9.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • US Department of War
  • US Department of Energy

Series A3 investors entered at this stage

Other known investors6 additional known investors

Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about JetCool Technologies on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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