Published in North America

Activate Capital Invests in Xnrgy

Jul 23, 2025 | Posted by Abdul-Rahman Oladimeji

Venture capital firm Activate Capital this week announced a strategic investment in Xnergy Climate System, a North American manufacturer of air handling and liquid cooling technologies. This  investment will support Xnrgy's growth, expand its domestic manufacturing presence, and accelerate the delivery of new cooling solutions for data centers and other mission-critical infrastructure.

"We are thrilled to partner with Activate Capital as we enter this next phase of growth," said Wais Jalali, founder and CEO of Xnrgy. "Their expertise in scaling sustainable technologies aligns with our vision to deliver ultra-efficient cooling systems that meet the performance, environmental, and reliability demands of our customers."

"Data centers are among the most energy-intensive assets in the digital economy, and chillers are the central, long-lead infrastructure component that defines their thermal performance," said Anup Jacob, managing partner at Activate Capital. "Xnrgy's technical depth and domestic manufacturing capabilities position it to deliver the efficiency breakthroughs needed to support the AI-driven transformation of global infrastructure."

There are 4920 data centers in North America.

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