Liquid cooling becomes hot as Asetek raises $8M

asetekLiquid cooling used to be the domain of supercomputers and computer gaming freaks. But as graphics chips and microprocessors become more powerful and power hungry, liquid cooling may have a real future.

That’s the bet of investors who have put $8 million into Asetek, a liquid cooling vendor in both the enthusiast computer market as well as the broader computer market.

San Jose, Calif.-based Asetek makes liquid cooling systems that keep gamer PCs and other high-end computers from overheating. In partnership with Corsair Memories, the company makes the Hydro H50 CPU Cooler. In August, HP introduced Asetek’s cooling systems into its Z400 and Z800 workstations. And in September, Dell used Asetek cooling in its Alienware Aurora and Area 51 desktop game computers.

The company has appointed Sam Szteinbaum, a former Hewlett-Packard executive, as its chairman. Andre Eriksen is chief executive of the company, which has been around since 2000. In 2006, the company shifted from focusing only on the game market to providing cooling solutions to general computer makers.

Asetek’s investors include Northzone Ventures, Sunstone Capital, and KT Venture Group. Rivals include CoolIt and AVC.

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat at VentureBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.