Colovore, a leader in liquid-cooled, ultra-dense data centers purpose-built for enterprise AI infrastructure, has taken a major step forward in scaling its national footprint. Backed by King Street Capital Management, the company has closed a $925 million debt facility with funds managed by Blackstone—one of the world’s leading investment firms.
The proceeds will be used to accelerate Colovore’s expansion into Tier I metro markets, beginning with new development projects in Reno, Chicago, and Austin. These deployments come at a time when demand for AI infrastructure is skyrocketing, particularly for distributed, inference-driven workloads that traditional data centers simply aren’t built to support.
Purpose-Built Infrastructure for the AI Era
Colovore’s next-generation facilities are specifically engineered for the power and cooling demands of modern AI chips. Unlike legacy architectures, which often struggle with high-density compute loads, Colovore leverages advanced liquid cooling to support up to 200kW+ per cabinet—setting a new standard for density and efficiency.
With a decade of experience and the distinction of being the world’s first NVIDIA DGX-certified data center, Colovore is helping organizations—from large enterprises to emerging GenAI leaders—deploy AI workloads at scale without compromising performance, space, or sustainability.
“As AI infrastructure shifts rapidly toward highly distributed, inference-driven workloads, we remain focused on building the national backbone for this next phase,” said Sean Holznecht, President and Co-Founder of Colovore. “This financing positions us to do just that—expand rapidly with purpose-built, liquid-cooled data center platforms at both the edge and core.”
Strategic Backing from Industry Leaders
The new financing follows Colovore’s acquisition last year by affiliates of King Street, which is helping to drive the company’s aggressive growth strategy. King Street brings more than $28 billion in global assets under management and a robust track record in both real estate and credit markets. With Blackstone now joining the effort, Colovore is positioned to scale faster than ever before.
“Colovore is uniquely positioned to provide infrastructure to meet the soaring demand for high-density, AI-optimized data centers,” said Brian Higgins, Founder and Managing Partner at King Street. “We look forward to further leveraging our real estate and credit capabilities to support their rapid expansion.”
Driving Long-Term Scalability and Efficiency
Colovore’s approach to infrastructure development is grounded in efficiency, flexibility, and performance. Whether supporting traditional enterprise systems or the latest AI accelerators, the company’s data centers help customers reduce total cost of ownership, shrink their IT footprints, and future-proof their deployments.
As AI continues to redefine what’s possible across industries, Colovore is building the foundation to support this transformation—one cabinet at a time.
To learn more about Colovore’s AI-optimized infrastructure and national expansion strategy, visit www.colovore.com.
