What BlueOcean does

BlueOcean (兰洋科技BLUEOCEAN) is a Ningbo-headquartered, privately-held Chinese company founded in 2019 that specializes in single-phase immersion liquid cooling thermal management solutions for data centers, telecommunications infrastructure, AI computing facilities, and consumer electronics. The company was established by Dr. Bai Ruichen, a Japan Kumamoto University PhD recognized as national-level talent, alongside multiple returnee PhDs, and operates the first domestically certified immersion liquid cooling standard module smart factory (4,300 sqm with 1,000-level cleanroom) in Ningbo, supplemented by a 140-million-yuan South China regional headquarters in Shaoguan.

Its core technology stack centers on a self-developed BO Series thermal conductive liquid with thermal conductivity roughly 4x higher than comparable products, combined with modular component design, simulation-driven thermal architecture, PLC-based logic control, and ultra-strong sealing technology. The product portfolio spans immersion liquid cooling 2U and GPU servers, hyper-converged liquid cooling servers, all-in-one liquid cooling cabinets, cold plate CDU units, micro-channel cold plate gas-liquid and liquid-liquid cooling systems, and innovative self-driven pump-free temperature control servers, supported by 260+ patent applications (60% invention patents). BlueOcean has led or participated in 40+ national and industry liquid cooling standards and holds MIIT national 'Little Giant' Enterprise designation.

BlueOcean generates revenue primarily through hardware sales of liquid cooling solutions and products (CDUs, immersion tanks, servers, cabinets) to enterprise customers, complemented by technical services, OEM/embedded licensing for consumer gaming brands (ROG/ASUS, Thunder, Jingtian Huasheng), and joint development partnerships. Its customer base spans Chinese state-owned telecom operators (China Mobile, China Unicom), internet/AI platforms (Alibaba, Baidu Kunlun Core, Fourth Paradigm, Shengqu Games), financial services (Gooxi/Guoxin Hengyun), and semiconductor firms (Suiyuan Technology), with go-to-market executed through direct enterprise sales, OEM partnerships, solution distribution, and global product supply. As of 2024, BlueOcean reported approximately 200 million yuan in revenue (doubled YoY) with order signings approaching 300 million yuan, reflecting strong commercial momentum in China's domestic compute infrastructure build-out.

Name

BlueOcean

Legal name

兰洋(宁波)科技有限公司

Website

https://blueocean-china.net

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Data Center Liquid Cooling Hardware

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)

akta.pro primary industry

Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling) (HDABAKAD)

akta.pro secondary industries

AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH), Cooling & Thermal Solutions (Air/Liquid, fans, thermal paste) (HDACAGAF), Heat Rejection & Mechanical Plant (Cooling Towers, Pumps, Condensers) (HDABAKAE), Chillers & Cooling Plant Equipment (IMAHAKAE), Facilities Operations & Maintenance (Power/Cooling/Mechanical) (HDABANAC)

Keywords

• Liquid cooling solutions
• Immersion cooling systems
• Data center cooling
• Thermal management hardware
• GPU server cooling

Headquarters

HQ city

Ningbo

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Liquid Cooling Solution Provision: Providing comprehensive liquid cooling solutions for data centers, including system design, integration, and technical services. Revenue from project contracts for data center thermal management deployments with telecom operators, internet companies, and enterprise clients.
2. Product Supply: Direct sales of liquid cooling products including CDU units, cooling plates, immersion tanks, liquid cooling servers, and liquid cooling hosts for various applications.
3. Technical Services: Ongoing technical support and services including troubleshooting, optimization, and system maintenance for deployed liquid cooling solutions.
4. OEM Partnership: Providing liquid cooling technology integration services for PC and server manufacturers, with revenue from technology integration and assembly services.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

BlueOcean designs, manufactures, and integrates single-phase immersion liquid cooling hardware and thermal management solutions for data centers and high-density electronic equipment. The product portfolio includes immersion liquid cooling 2U and GPU servers, cold plate CDU units, hyper-converged liquid cooling servers, all-in-one cabinets, and immersion matrix integrated systems, supported by self-developed BO series thermal conductive liquid.

Product overview

兰洋科技BLUEOCEAN provides comprehensive liquid cooling thermal management solutions for data centers and electronic equipment. The product portfolio centers on single-phase immersion liquid cooling technology and includes: (1) Server products - immersion liquid cooling 2U servers, GPU servers, cold plate CDU units, hyper-converged liquid cooling servers, all-in-one liquid cooling cabinets, and immersion horizontal cabinets; (2) Cooling solutions - micro-channel cold plate gas-liquid/liquid-liquid cooling systems, immersion matrix integrated cooling systems, and immersion single module cooling systems; (3) Intelligent temperature control - new self-driven self-circulating liquid cooling temperature control servers and new immersion liquid cooling intelligent temperature control systems. The company positions itself as a liquid cooling overall solution provider, offering both products and system-level solutions for IDC, 5G base stations, consumer electronics, energy storage, and aerospace applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Immersion Liquid Cooling 2U Server 2U rack-mounted server using single-phase immersion liquid cooling technology with compact internal flow channel design that reduces thermal liquid usage. Meets OTII standards and is suitable for traditional IDC machine rooms and edge computing scenarios.
• Immersion Liquid Cooling GPU Server High-efficiency GPU server with immersion liquid cooling supporting 2U-4U rack space for various CPU and GPU server models. Features up to 5kW maximum heat dissipation per unit with fully sealed cavity design for uniform temperature cooling.
• Cold Plate CDU (Coolant Distribution Unit) Coolant Distribution Unit with built-in cooling system using proprietary insulating thermal liquid circulation. Features dual redundant hot-swappable design, tube pressure ≤0.15MPA, and pPUE value as low as 1.07 in turbo mode.
• Hyper-converged Liquid Cooling Server Innovative optimized integration of existing liquid cooling technologies for non-traditional complex structure servers. Supports combinations of cold plate+immersion, cold plate+spray, immersion+spray, reducing thermal liquid usage, costs, weight, and maintenance difficulty.
• All-in-One Liquid Cooling Cabinet Integrated liquid cooling cabinet with easy deployment capability. Cooling load coefficient reaches 1:27 (1W heat dissipation resolves 27W). Can deploy both cold plate and immersion servers, suitable for new and traditional machine room deployment.
• Immersion Liquid Cooling Horizontal Cabinet Large power equipment deployment cabinet with large visualization area and multi-point heat source uniform temperature cooling. Supports hot-swapping with maximum heat dissipation capability exceeding 200kW per cabinet and PUE value as low as 1.05.
• New Self-Driven Self-Circulating Liquid Cooling Temperature Control Server Secondary-side liquid cooling system with self-driven circulation using dual-phase insulated thermal liquid phase change pressure differential for pump-free operation. Achieves zero power consumption, zero damage, zero maintenance cost with high heat flux density solution.
• New Immersion Liquid Cooling Intelligent Temperature Control System Server-level uniform temperature immersion system using proprietary thermal liquid with high thermal expansion characteristics. Generates natural convection heat transfer through quality difference and potential energy without coolant distribution unit, with external water circulation for heat conduction.
• Immersion Matrix Integrated Liquid Cooling System Direct cooling system with high-density integrated heat dissipation. Single cabinet maximum heat dissipation 60kW with PUE < 1.07. Uses 50+ sealing and structure design patents.
• Immersion Single Module Liquid Cooling System First domestically certified immersion liquid cooling system passing 3C certification. Features micro-precision flow channels for controllable internal turbulence.

Quantifiable outcome

• PUE reduced from industry average of 1.8 to as low as 1.04
• +6 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature7 records

Partnerships

22 partnerships are on record, tiered core and major.

• Gainuo Chaoling Lubricating Materials Co., Ltd.coreStrategic or Co-development Partner · 23 October 2025Strategic cooperation focusing on long-term deep collaboration in liquid cooling system thermal conductive liquid raw materials. Securing core raw material supply chain for liquid cooling systems.
• Junhe Pump Industry Co., Ltd.coreStrategic or Co-development Partner · 23 August 2025Strategic cooperation to jointly develop dedicated liquid cooling pump products for liquid cooling systems. Leveraging Junhe's expertise in centrifugal pumps, motors, seals, and variable frequency technology, combined with BlueOcean's liquid cooling technology for AI era market opportunities.
• Silico DALUcoreStrategic or Co-development PartnerJoint development of S220 G3 server with multiple cooling modes including cold plate liquid cooling, fusion liquid cooling, and immersion liquid cooling. Long-term strategic partnership for GPU server thermal management solutions.
• China UnicomcoreStrategic or Co-development PartnerMultiple cooperation projects including BO-320U outdoor container high-density green data center, BBU pilot project in Ningbo, and custom immersion liquid cooling data center solutions.
• China MobilecoreStrategic or Co-development PartnerLong-term cooperation in smart computing business, Wenzhou Digital Security Port infrastructure, and Henan Mobile smart computing center cooperation.
• Suiyuan TechnologymajorStrategic or Co-development PartnerDeep cooperation in Jiangsu region to promote intelligent computing project implementation and build 'domestic liquid cooling high-performance computing' new pattern.
• Haoyun Digital TechnologymajorStrategic or Co-development PartnerJoint creation of immersion liquid cooling BBU for 5G base stations, helping operators achieve green and efficient 5G base station development.
• China Mobile WenzhoumajorStrategic or Co-development PartnerJoint promotion of Wenzhou Digital Security Port green infrastructure construction, supporting high-quality data industry development.
• Guoxin Hengyun (Gooxi)majorStrategic or Co-development PartnerPartnership for liquid cooling servers for financial industry, improving single cabinet deployment rate and solving financial data center integration challenges.
• Baidu Kunlun CorecoreStrategic or Co-development PartnerCollaboration on liquid cooling supercomputing center for multi-modal cross-scale biomedical imaging research at a key university.
• Shengqu GamescoreStrategic or Co-development PartnerImmersion liquid cooling data center transformation project with three phases. Overall technical design provided for energy-efficient data center solutions.
• Fourth ParadigmmajorStrategic or Co-development PartnerLiquid cooling data center solution cooperation for AI computing applications.
• ROG (ASUS)coreOEM/ Whitelabel/ Licensing PartnerJoint release of industry's first immersion liquid cooling gaming desk and liquid cooling gaming PC. Technology licensing and integration for gaming hardware.
• Thunder (雷神)coreOEM/ Whitelabel/ Licensing PartnerGlobal first release of mass-produced immersion liquid cooling gaming host, first commercial implementation of BlueOcean's technology in consumer market.
• Jingtian HuashengmajorOEM/ Whitelabel/ Licensing PartnerSecond generation mass-produced immersion liquid cooling host released, sold out quickly upon launch.
• Zhongke JingyunmajorStrategic or Co-development PartnerProviding liquid cooling technology for high-performance liquid cooling servers as digital foundation for smart city, smart park, and smart community industry platforms.
• AlibabacoreStrategic or Co-development PartnerProviding both immersion liquid cooling and cold plate liquid cooling solutions for Alibaba's new Wanqia cluster.
• Ningbo UniversitymajorStrategic or Co-development PartnerIndustry professor appointment program, school-enterprise cooperation for talent cultivation, technology innovation, and industry-education integration.
• Zhengtai Group Singapore Innovation LabmajorStrategic or Co-development PartnerSoutheast Asia market development and technical exchange, exploring business collaboration and customized liquid cooling projects.
• CET PowermajorStrategic or Co-development PartnerTechnical exchange and cooperation discussions in Southeast Asia market.
• SuperXmajorStrategic or Co-development PartnerJoint development and customized liquid cooling project discussions, technical docking in progress.
• CogentmajorStrategic or Co-development PartnerTechnical exchange and cooperation discussions for Southeast Asia market expansion.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Zutacore: French immersion cooling startup offering standardized immersion solutions for AI/HPC. Comparable emerging player focused on the same single-phase immersion segment BlueOcean targets.

Direct peers

• CoolIT Systems: Canadian direct liquid cooling (cold plate) specialist for AI/HPC data centers. Comparable to BlueOcean's cold plate CDU product line and hyperscale GPU server deployments.
• Iceotope: UK-based precision liquid cooling company focused on chassis-level immersion for high-density servers and edge deployments. Comparable to BlueOcean's miniaturized immersion positioning and enterprise/telecom customer base.
• Asperitas: Dutch immersion cooling specialist with AIC24 system targeting edge and colocation data centers. Comparable to BlueOcean in single-phase immersion technology and modular product approach.
• Submer: European immersion liquid cooling provider offering turnkey data center solutions including tanks, CDU and SmartPod systems. Directly competes with BlueOcean in immersion cooling for hyperscale and enterprise data centers.
• Green Revolution Cooling (GRC): US-based pioneer in single-phase immersion liquid cooling for data centers and HPC. Closely comparable to BlueOcean's immersion technology, target customer base (telecom, hyperscale, enterprise), and end-to-end solution business model.

Broad incumbents

• Vertiv: Global data center infrastructure provider offering cooling, power and IT management solutions including liquid cooling. Broad incumbent comparable to BlueOcean's enterprise data center cooling portfolio but with much wider product breadth and global reach.

Others

• Boyd Corporation: Global thermal management and engineered materials supplier with liquid cooling solutions. Adjacent comparable as a thermal management components and systems provider serving similar data center and electronics customers.
• Cooler Master: Consumer and gaming PC thermal solutions company including liquid cooling AIO products. Adjacent comparable to BlueOcean's gaming PC immersion partnerships (ROG, Thunder) and consumer hardware thermal management business.

Regional players

• Shenzhen Envicool Technology (英维克): Leading Chinese thermal management provider for data centers, telecom base stations and energy storage. Most direct Chinese comparable to BlueOcean in domestic cooling and serving China Mobile/Unicom customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BlueOcean