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Flexnode secured $8.85M in Series A funding led by Zacua Ventures to deploy innovative modular data centers with energy-efficient cooling solutions.

Mar 06, 2024over 1 year ago

Amount Raised

$8.85 Million

Round Type

series a

Bethesda

Investors

Zacua Ventures

Description

Flexnode, a modular data center startup in Bethesda, closed an $8.85 million Series A funding round, led by Zacua Ventures from San Francisco. The funding, combined with an earlier $3.5 million grant from the Department of Energy for developing energy-efficient cooling solutions, amounts to $12.35 million. This significant financial milestone will propel Flexnode's ambitious plans to deploy innovative, liquid-cooled modular data centers across the globe.

Company Information

Company

Flexnode

Location

Bethesda, Maryland, United States

About

Flexnode is a digital infrastructure company working with immersive, bespoke design, efficient DFMA-focused construction, and advanced operation of liquid-cooling-enabled micro data centers.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers