Activate Capital has announced a strategic investment in XNRGY Climate Systems, a North American manufacturer of sustainable air handling and liquid cooling technologies. This investment aims to support XNRGY's growth, expand its manufacturing presence in the U.S., and accelerate the delivery of advanced cooling solutions for data centers.
The announcement comes after the opening of XNRGY’s new 275,000-square-foot facility in Mesa, Arizona. This is part of a planned one million-square-foot innovation campus. The facility began production on May 1, 2025, enhancing XNRGY’s capacity to meet the growing demand for efficient thermal management solutions across various data center types.
XNRGY specializes in liquid cooling platforms designed for high ambient temperature environments. These platforms offer energy efficiency, reliability, and modular scalability. The company provides comprehensive thermal management solutions with proprietary controls integration.
Wais Jalali, Founder and CEO of XNRGY, expressed enthusiasm about partnering with Activate Capital: “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.”
Anup Jacob, Managing Partner at Activate Capital, highlighted the importance of chillers in data centers: “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.”
The Mesa operation is expected to employ over 1,000 skilled workers at full capacity and contribute significantly to Arizona’s clean technology ecosystem.
This investment reflects Activate Capital’s commitment to supporting transformative companies that are reshaping global systems through next-generation infrastructure.