What FBOX does

FBOX (FBOX Cooling Technology Inc.) is a private US-based cooling technology company founded in 2016 and headquartered in Austin, Texas, that designs and deploys liquid, hydro, and air cooling systems for high-performance computing environments. The company's core technology spans three containerized cooling variants — immersion, hydro, and air cooling — complemented by the MEGA indoor deployment system and a flagship 100KW/TANK solution. Its modular architecture integrates power distribution, cooling systems, and structural flexibility into containerized units configurable from 1.25MW to 10MW cluster sizes, enabling rapid deployment without site retrofitting and reliable operation in harsh conditions including high temperature, humidity, dust, and salt spray.

FBOX serves two primary customer segments: cryptocurrency mining operators (its heritage market) and AI/HPC data centers, with a stated strategic focus on enabling mining operators to transition existing power infrastructure into AI and HPC deployments. Its publicly disclosed customer base includes MARA Holdings, which has deployed the 100KW/TANK solution at scale. Revenue is generated primarily through hardware sales of containerized cooling systems with custom configurations, supplemented by turnkey professional services covering customization, deployment, and ongoing support. Pricing is quote-based and customized per deployment rather than publicly tiered. The company operates across North America, South America, and the Middle East, and pursues lead generation through its website, social channels, newsletter, and direct engagement at industry events such as the Bitcoin 2026 exhibition.

Name

FBOX

Legal name

FBOX Cooling Technology Inc.

Website

https://fbox.tech

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

FBOX is a private US-based cooling technology company that designs and deploys containerized immersion, hydro, and air cooling systems for cryptocurrency mining operators and AI/HPC data centers across the Americas and Middle East.

Ownership category

akta.pro rank

Product category

Data Center Liquid Cooling Systems

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), 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 industry

AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH)

Keywords

• Liquid cooling systems
• Immersion cooling solutions
• Data center cooling
• HPC infrastructure
• Cryptocurrency mining cooling

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cooling Hardware Sales: Sale of containerized cooling systems (immersion, hydro, and air cooling) for cryptocurrency mining and HPC/AI data center applications. Solutions are fully customizable in cooling capacities and server configurations.
2. Turnkey Services: Comprehensive solution services including customization, deployment, and ongoing support for cooling infrastructure projects.
3. MEGA Indoor Deployment: Large-scale indoor deployment solutions for enterprise HPC and AI data center cooling requirements.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

FBOX designs, manufactures, and deploys containerized liquid, hydro, and air cooling systems for high-performance computing, AI data centers, and cryptocurrency mining operations. Its product portfolio includes containerized immersion cooling, containerized hydro cooling, containerized air cooling, the MEGA indoor deployment system, and the 100KW/TANK solution, complemented by turnkey services covering customization, deployment, and ongoing support.

Product overview

FBOX is a liquid cooling technology provider offering a portfolio of cooling solutions for high-performance computing and cryptocurrency mining applications. The product lineup includes three containerized cooling products (Immersion Cooling, Hydro Cooling, and Air Cooling), the MEGA indoor deployment system, and the 100KW/TANK solution. These products serve the transition of mining operators into AI and HPC workloads, with solutions ranging from 1.25MW to 10MW data center clusters. The company positions itself as enabling operators to leverage existing power infrastructure while deploying modern cooling technology without requiring site retrofits.

Differentiator

Problem solved

Functional benefit

Products and services

• Containerized Immersion Cooling A containerized cooling system that uses immersion cooling technology for high-density computing environments, designed for deployment flexibility in various locations including harsh environments.
• Containerized Hydro Cooling A containerized solution using hydro (water-based) cooling technology for efficient thermal management in high-performance computing applications.
• Containerized Air Cooling A containerized air cooling solution for traditional and hybrid data center environments, providing scalable cooling capacity where liquid cooling may not be suitable.
• MEGA Indoor Deployment An indoor deployment solution for large-scale HPC and AI data center operations, providing integrated cooling infrastructure within building structures.
• 100KW/TANK Solution A 100 kilowatt per tank cooling solution that has proven reliability under demanding environmental conditions, deployed at scale by MARA Holdings and other mining operators.
• Turnkey Services Comprehensive solution services including customization, deployment, and ongoing support for cooling infrastructure projects serving cryptocurrency mining and HPC/AI data center customers.

Quantifiable outcome

• Significantly prolonged hardware lifespan through effective cooling in harsh environments
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• CoolIT Systems: CoolIT Systems specializes in liquid cooling solutions for high-performance computing and AI data centers, including cold plates and CDUs. It is one of the most direct competitors to FBOX in liquid cooling delivery for HPC and AI workloads.
• Green Revolution Cooling (GRC): GRC is an immersion cooling specialist serving HPC, enterprise, and edge data centers. Its single-phase immersion technology competes directly with FBOX's containerized immersion cooling offering.
• Submer: Submer provides immersion cooling solutions and integrated data center infrastructure for HPC, AI, and crypto mining workloads. It directly competes with FBOX's immersion and containerized product lines.
• Asetek: Asetek designs and manufactures liquid cooling systems originally for gaming and increasingly for HPC and AI data centers. It overlaps with FBOX on liquid cooling delivery and AI/HPC go-to-market motion.

Broad incumbents

• Vertiv: Vertiv is a global data center infrastructure incumbent offering precision cooling, liquid cooling, power, and IT management solutions. It is a broad incumbent comparable to FBOX in liquid cooling for AI/HPC data centers but with far greater scale, service network, and product breadth.
• Schneider Electric: Schneider Electric is a global incumbent in data center infrastructure, including precision cooling, power, and modular solutions. It competes broadly with FBOX across data center cooling, with significant advantages in scale and integrated offerings.
• Rittal: Rittal is a large-scale provider of enclosures, power distribution, and data center cooling solutions. It is a broad incumbent comparable to FBOX's MEGA indoor deployment offering, though it serves a much wider industrial and IT infrastructure customer base.

Emerging players

• ZutaCore: ZutaCore develops direct liquid cooling solutions for HPC and AI workloads, with a focus on dielectric and two-phase cooling. It is an emerging player in the same liquid cooling category as FBOX, with overlapping HPC/AI customer focus.
• Iceotope Technologies: Iceotope delivers precision liquid cooling for high-density compute at the chassis level, targeting AI and edge HPC. It competes with FBOX in liquid cooling for AI/HPC, but with a more chassis-level, IT-centric delivery model versus FBOX's containerized approach.
• Asperitas: Asperitas offers immersion cooling technology for data centers, with a focus on sustainability and energy efficiency. It directly competes with FBOX's immersion cooling line, particularly for European and sustainability-focused customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/fboxdata
• YouTubeyoutube.com/@FBOXcooling
• LinkedInlinkedin.com/company/fboxdata

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 FBOX