Fundraising Fox

Accelsius

Austin, US · Founded 2022 · 4 known investors

Accelsius develops NeuCool thermal cooling solutions designed to improve energy efficiency and cooling performance in mission-critical data centers.

AI & Machine LearningCleantechCloud ComputingDeep TechEnergyHardware

Founders & leadership

DF
Dino FoderaroinChief Revenue Officer (CRO)
MCMatt Cruce
Matt CruceinChief Operating Officer
DR
Dr. Richard BonnerChief Technology Officer
JCJosh Claman
Josh ClamaninExecutive Chairman
LCLiz Cruz
Liz CruzinChief Business Development Officer
RWRobert Wehmeyer
Robert WehmeyerinChief Financial Officer

Board

WG
William GriecoBoard director
CS
Colin ScottBoard director
GH
Gregory HaskellBoard director
JH
John HewittBoard director
MF
M. Faisal PanditBoard director

Investors · 4

Innventure
Western Technology InvestmentPortola Valley · $250K – $30M

Also in the syndicate · 2

Johnson ControlsleadLegrand

Funding

SEC filings, press & company announcements

$89.6M disclosed across 4 of 6 rounds · 2022–2026

  • Undisclosed amountSeries BJan 2026

    Johnson Controls (lead), Legrand

    Source ↗
  • $24MSeries ANov 2024 · 2 sources
    Source ↗
▶$65MraisedJan 2026 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dino FoderaroExecutive Officer
  • Matt CruceExecutive Officer
  • Dr. Richard BonnerExecutive Officer
  • Josh ClamanExecutive Officer, Director
  • Liz CruzExecutive Officer
  • Robert WehmeyerExecutive Officer
  • William GriecoDirector
  • Colin ScottDirector
  • Gregory HaskellDirector
  • John HewittDirector
  • M. Faisal PanditDirector
Offering amount
$65M
Amount sold
$65M
Sales commissions
$5M
Placement agents
Goldman Sachs & Co. LLC
First sale
Oct 2025
Incorporated
Limited Liability Company, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$250KraisedOct 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Colin ScottDirector
  • Gregory HaskellDirector
  • William GriecoDirector
Offering amount
$15M
Amount sold
$250K
Minimum investment
$250K
Sales commissions
$1.1M
Placement agents
Great Point Capital LLC, Metric Financial LLC
First sale
Oct 2023
Incorporated
Limited Liability Company, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$312.5KraisedAug 2022 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Colin ScottDirector
  • William GriecoDirector
  • Gregory HaskellDirector
Offering amount
$416.7K
Amount sold
$312.5K
First sale
Jul 2022
Incorporated
Limited Liability Company, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Innventure (INV) Q2 2026 Earnings Call Transcript | The Motley Foolfool.com · Aug 2026Innventure (INV) Q2 2026 Earnings Call: Accelsius Revenue Targets Suspendedtradingkey.com · Aug 2026Accelsius Closes $65 Million Series B Funding Led by Johnson Controls; Legrand Joining Round to Scale Liquid Cooling for Gigawatt-Class AI Factoriesfinance.yahoo.com · Jan 2026Accelsius Raises $24M in Series A Funding to Efficiently Cool AI Data Centers - Database Trends and Applicationsdbta.com · Nov 2024Austin startup Accelsius raises $24M to help keep AI cool - Austin Business Journalbizjournals.com · Nov 2024Accelsius Raises $24M in Series A Fundingfinsmes.com · Nov 2024

Frequently asked questions

What does Accelsius do?
Accelsius develops NeuCool thermal cooling solutions designed to improve energy efficiency and cooling performance in mission-critical data centers.
Who are Accelsius's investors?
Accelsius's investors include Innventure, Western Technology Investment.
How much funding has Accelsius raised?
Accelsius has disclosed $89.6M raised across 4 of its 6 known rounds.
Where is Accelsius headquartered?
Accelsius is headquartered in Austin, US.