- CSH, a Sheffield-based developer of liquid cooling systems
for data centres and leading tech providers, has received
financing through Dynamic Funding after referral from UK Export
Finance
- The new trade finance facility has enabled the business to
meet rapidly growing demand from multinational technology
companies based in Europe, North America, Asia and the Middle
East
A Sheffield-based business, which is a world leader in developing
liquid cooling systems for data centres, has expanded its global
exporting reach following a consultation with UK Export Finance
(UKEF), the government's export credit agency.
CSH, which was founded in 2016, has experienced a rapid growth
journey over the past eight years. The business started life as a
generalist heating, ventilation and air conditioning business,
which enabled a shift into specialising in modular liquid cooling
technology. This technology involves the development and creation
of secondary fluid networks, which have seen worldwide demand
rise as a result of the increasing use of AI technology across
the globe.
Increased demand in 2024 meant that CSH required additional cash
flow to cover invoices for external suppliers – a challenge
frequently encountered by small and medium enterprises.
They approached Manuel Fantin – UKEF's regional representative in
South and East Yorkshire – for a consultation. Fantin referred
the business to Dynamic Funding, who were able to broker a
finance facility for £250,000 to assist CSH to meet buyer demand.
As a result, CSH was able to process £1.5 million worth of orders
between April and May 2025 and is appointing 11 new employees
before the end of the year.
CSH maintains an expansive global network of buyers, with close
to 99% of orders coming from overseas. As demand for liquid
cooling systems associated with AI data centres continues to
rise, CSH has been able to build on its existing footprint in
Europe and North America to increase engagement with
multinational technology companies based in Asia and the Middle
East.
This recent growth trajectory has allowed CSH to turn its
attention to expanding its Sheffield-based operations, with an
ambition to nearly double its workforce in the coming year.
Manuel Fantin, South Yorkshire, East Yorkshire and
Humberside Export Finance Manager at UKEF, said:
With AI rapidly becoming more entrenched in people's day-to-day
lives, we are pleased to be supporting a leading business that is
playing a vital role in the development of crucial AI
infrastructure around the globe, while keeping its operations
firmly rooted in Yorkshire. CSH's ambition to continue to grow
its headcount as it serves an ever-increasing list of
international buyers is a fantastic example of the global impact
British businesses are capable of achieving.
Hume, Director at CSH,
said:
As a business that is directly impacted by the AI revolution,
scaling in a way that keeps up with demand while continuing to
innovate has been a challenge. We wouldn't have been able to
build the foundation that we have done to date without the
guidance from UKEF and the finance facility from Dynamic Funding.
Growth opportunities have started to appear from all over the
global market, and the financing we have received unlocks the
door for an exciting growth journey to come.
Alex Kourti, Director at Dynamic Funding, said:
We're delighted to have supported CSH following UKEF's
introduction. By bridging cashflow challenges, we've enabled CSH
to fulfil substantial orders and pursue their ambitious growth
plans.
Dynamic Funding is proud to support export-focused SMEs that,
like CSH, are taking British innovation to the world stage.
By working with partners like Dynamic Funding, UKEF is increasing
the range of flexible financing accessible to smaller businesses,
reducing missed opportunities for exporting and promoting growth
under the government's Plan for Change.
This latest announcement follows the recent publication of UKEF's
annual report &
accounts for 2024/25.
Over the last financial year, UKEF provided a record £14.5
billion in new financing, helping over 667 UK companies to export
and grow and supported up to 70,000 jobs.
