About LiquidStack

Industry pioneers with a proven track record of driving breakthrough innovations in cooling

The World’s Largest Liquid Cooling Company for Hyperscale, Edge and High Performance Computing

LiquidStack pioneered 2-phase immersion cooling and holds multiple awards for building the world’s most efficient data centers. From Micro Data Centers to hyperscale sites, we have the experience to deliver your project on time and on budget.

Formerly known as Allied Control Limited (ACL), LiquidStack has evolved to become the world’s largest supplier of liquid cooling – larger than all of our competitors combined.

Kar-Wing Lau co-founds Allied Control Limited (ACL) in Hong Kong. ACL deploys its first data center featuring 2-phase immersion cooling.
The company builds its second data center in Hong Kong.
ACL wins multiple awards for “Most Energy-Efficient Data Center”
Bitfury Group acquires ACL. ACL deploys a 40MW 2-phase immersion-cooled data center in Republic of Georgia, the first of its kind.
ACL and Bitfury form a joint venture in Azerbaijan and build the first 30MW 2-phase immersion-cooled data center in Azerbaijan.
A 120MW 2-phase immersion-cooled data center, the largest liquid-cooled data center ever built, is deployed in Azerbaijan.
Joe Capes joins ACL as Head of Liquid Cooling. The company pivots toward hyperscale, edge and high performance computing applications.
ACL wins major contracts with hyperscale, semi-conductor, IT hardware, manufacturing and HPC customers.
ACL is carved out from Bitfury Group, closes Series A funding round, re-brands as LiquidStack and establishes commercial headquarters in the United States.

“Our industry has reached the practical limits of air cooling. We founded LiquidStack with the sole purpose of driving continued performance gains in computing through our breakthrough technology and unmatched experience. While we embrace all forms of liquid cooling, 2-phase immersion outperforms the alternatives across every possible metric: heat rejection capacity, energy efficiency, water usage, space utilization, flexibility and positive, sustainable climate impact. Our goal is to do more than simply change minds. We aim to change the world for the better.”

Joe Capes, CEO, LiquidStack

The New Cooling Imperative

Data centers face mounting pressure to increase IT power density while minimizing energy and water use. The era of superficial “green-washing” is over. Prominent data center owners and operators have committed billions of dollars to achieve carbon-neutral and carbon-negative sustainability goals.

But the pressure to drastically improve energy efficiency doesn’t stop at the data center. Chip manufacturers also face increasing pressure to create more dense and powerful processors. Unfortunately, they have hit insurmountable constraints imposed by the limitations of air cooling, even when supplementing air cooling with some forms of liquid cooling.

2-phase immersion cooling removes these barriers for the entire data center ecosystem, from data center designers/owners/operators to hardware and semiconductor companies. This represents an inflection point for the industry and opens up possibilities not just in terms of data center design and operation, but also in terms of what computing can accomplish (AI, IoT, Big Data, Edge, etc.)

2-phase immersion cooling is the gateway and enabler of the future of computing. It will positively impact technology leveraged by the world’s largest corporations and everyday people accessing cloud services at the edge. The future is now – the future is 2-phase immersion cooling.

Our Vision

Pioneering and delivering high performance, cost-effective and reliable liquid cooling solutions to solve the most challenging thermal management needs of IT infrastructure in centralized and edge data centers around the world.

Our Mission

To leverage our deep experience and relentless drive to create, along with our customers and partners, a sustainable environment for high performance data center cooling.

Meet the Team

Joe Capes

CEO & Co-founder

Kar-Wing Lau

CTO & Co-founder

Michael Hurton

Financial Controller

Nino Todua

Head of HR

Phil Diffley
Director of Global Services
Fernando Castro Director of Global Supply Chain
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Board of Directors

Wahid Nawabi

Chairman of the Board

George Kikvadze Non-executive Director

Joe Capes


Valery Vavilov

Non-executive Director

Stijn Ehren

Non-executive Director

Sunlai Chang

Non-executive Director

We’re Always Looking for Great Talent to Join Us at LiquidStack.

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