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King Street–backed Colovore closes $925m facility with Blackstone for AI data center platform
Other - MAY 15, 2025

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King Street–backed Colovore closes $925m facility with Blackstone for AI data center platform

by Released

Colovore has closed a $925 million debt facility provided by Blackstone funds.

“This Blackstone financing, along with the continued support of King Street, positions us well to continue scaling our footprint through the development of new liquid-cooled data centers, starting in Reno [Nev.], Chicago and Austin,” said Sean Holzknecht, president and co-founder of Colovore. “As AI infrastructure shifts rapidly toward highly distributed, inference-driven workloads, we remain focused on building the national backbone for this next phase — scalable, liquid-cooled data center platforms purpose-built for edge and core inference.”

Colovore's liquid-cooled facilities are designed from the ground up to support the intense demands of modern AI chips, offering market-leading per-cabinet cooling densities, smaller footprints and improved efficiency. With flexible power and cooling configurations, Colovore supports everything from traditional enterprise hardware to the most

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