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, 2024•over 1 year ago
Amount Raised
$8.85 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers