Maxwell Labs

Startup Snapshot: Maxwell Labs

St. Paul-based Maxwell Labs is developing a novel laser-based cooling technology for data centers to address their high electricity and water consumption. Their "photonic waveguide network" converts microchip heat into light, allowing for significant heat recovery and potentially reducing cooling costs by 20-40% of a data center's power budget. The company has raised $5.2 million in Series A funding and aims for commercialization by 2028.