Comino, a UK-based liquid-cooled computing startup, is set to close its equity crowdfunding campaign on Seedrs with more than €915,000 secured. The funding round, which made its debut last month, originally sought to raise a minimum of €750,000.
As previously reported, Comino offers professional liquid-cooled GPU & FPGA-based supercomputers, render stations, and forensics for retail, business, and data centers.
“Comino is an international start-up specialising in the design and production of liquid-cooled PCs and servers. Our products consume up to 40% less electricity than equivalent air-cooling computers. Priding ourselves on quality and excellence, Comino offers services to a breadth of burgeoning industries. We currently operate in AI, Forensic, Gaming, and Video Rendering, with intentions to expand our outreach in the coming year.”
Comino further revealed that it plans to cultivate working relationships with distributors and customers across the USA and Canada, ensuring its clients gain access to our product as soon as possible.
“Comino provides services to a variety of corporate clients, including AI developers, video production agencies, rendering farms, and gamers. In the next three years, we plan to receive revenue from the retail market (OTTO model line) and from professionals and corporate customers (GRANDO and DECRYPTUM* model lines).”
The company then added:
“In the midst of such economic volatility, Comino remains resolute. The tech industry is thriving. In spite of (and perhaps thanks to) lockdown restrictions and governmental constraints, our sector is currently experiencing a marked upsurge in market performance. Ultimately, this generates an excellent potential for growth.”
Funds from the Seedrs campaign will be used to continue the growth and development of the Comino products. The company is now offering 4.59% in equity at a €18 million pre-money valuation through the initiative.
Have a crowdfunding offering you’d like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!