IceGiant

Embrace a cooler future!

IceGiant

Embrace a cooler future!

Austin, TX
Technology
IceGiant is planning to disrupt the computer industry with a new, patented technology that cools even the most powerful chips. As a trend, computer chips are getting hotter and hotter, and their heat levels have recently started going beyond the capabilities of the status quo cooling solutions. This is where IceGiant's unique, in-market cooling technology comes in. We pick up where the competition falls off.

$154,843

raised
152
Investors
$20M
Valuation
$1.95
Price per Share
$249.60
Min. Investment
Units
Security Type
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$154,843

raised
152
Investors
$20M
Valuation
$1.95
Price per Share
$249.60
Min. Investment
Units
Security Type
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into IceGiant:

$250+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Early Bird
Invest within the first two weeks and receive 15% bonus units.
3
days
20
hours
15
mins
9
secs
$500+
Investment
Tier 1 | $500+
Invest $500+ and receive an exclusive IceGiant t-shirt and cap.
$1,000+
Investment
Tier 2 | $1,000+
Invest $1000+ and receive 7% bonus units + an exclusive IceGiant t-shirt and cap.
$2,500+
Investment
Tier 3 | $2,500+
Invest $2500+ and receive 10% bonus units + an exclusive IceGiant t-shirt, cap, and zip hoodie.
$5,000+
Investment
Tier 4 | $5,000+
Invest $5000+ and receive 12% bonus units + an exclusive IceGiant t-shirt, cap, zip hoodie, and IceGiant glass.
$10,000+
Investment
Tier 5 | $10,000+
Invest $10,000+ and receive 15% bonus units + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.
$20,000+
Investment
Tier 6 | $20,000+
Invest $20,000+ and receive 17% bonus units + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.
$50,000+
Investment
Tier 7 | $50,000+
Invest $50,000+ and receive 25% bonus units + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.
$100,000+
Investment
Tier 8 | $100,000+
Invest $100,000+ and receive 30% bonus units + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.

Reasons to Invest

Based on our internal observations, IceGiant’s unique, patented cooling technology outperforms the competition and boasts market-leading reliability. This technology uses a unique, gravity-driven system with no moving parts for ultra longevity and safety. IceGiant launched its first product, the ProSiphon Elite in 2021, and breathed fresh innovation into the stagnate PC cooling market, where the most advanced innovation over the last 20 years was incorporating LEDs in the coolers.
Every computer has a CPU, and every CPU requires a cooler. PC sales have increased across the board due to the exploding popularity in gaming and streaming and the rising need for prosumer and professional workstations, particularly as the economy shifts toward a flexible office schedule. As a result, “the value of the combined gaming PC and monitor markets is expected to grow from $43 billion in 2020 to just over $60 billion in 2025 with a five-year CAGR of 7.4%,” according to Business Wire.*
Based on the following factors, we believe IceGiant is positioned to capitalize on all of our momentum. We have 1) successfully launched a top-level product, 2) established a presence in retail channels, 3) recently signed our first distribution agreement, 4) successfully prototyped and tested our second product that will continue our pursuit to be the top company in the cooling market, 5) are preparing to launch the most extreme PC in existence into a market that’s passionate about performance, and 6) are developing many more products to strengthen our brand and market penetration. We just need the resources to establish brand awareness, scale exponentially with new products, and aggressively expand into new markets as electronics encounter more severe thermal issues.

*Information provided by Fortune and BusinessWire (source / source)

OverView


Revolutionary PC cooling technology, designed by some of the industry’s best engineers, and ready to disrupt the electronics cooling market.

As other cooling solutions reach their limits, IceGiant’s unique ProSiphon cooling technology helps overcome thermal limitations and reliability issues present with the competition. Our product is designed by world-class engineers using the latest technology and was first released to the market in 2021. 


"IceGiant is a valued partner who delivers leading innovations, as well as high quality products, to the demanding needs of the market for processor thermal management.  The company has a lot of potential based on their technology and brand, and it is an exciting time to partner with IceGiant.”

- John Crank, VP Tech Data Synnex



“When I'm not using liquid nitrogen to freeze my PC, IceGiant is my go to cooling. Simple, strong performance with zero risk potential.  A no-brainer.”

- Allen “Splave” Golibersuch, #1 Ranked Overclocker in the World



"IceGiant is different, exciting, and exactly what the cooling market needs right now. It'll be fun to watch as they grow."

- Toni Sonn, CEO Caseking

 


"IceGiant is a valued partner and it's always exciting to hear about what they're planning next. They've got a powerful technology and the right team to make their goals happen."

- Warren Beneson, Chief Merchandising Officer Micro Center


*These testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success.



While similar products have a warranty of 6 years, IceGiant offers a 10-year customer guarantee. In addition to our current product, the ProSiphon Elite, we plan to launch an entire line of extreme performance coolers, as well as products in new categories within the PC industry.


We believe our technology also has the potential to disrupt numerous other markets, from solar, to electric vehicles and data centers. The possibilities are endless, and IceGiant is ready to deliver!


(source)



The Problem


With greater computing power comes greater cooling needs

We believe the PC industry is facing an enormous thermal emergency. To increase performance, CPU (central processing unit) and GPU (graphics processing unit) manufacturers are releasing higher power products. 


However, this power increase causes huge thermal issues, and current cooling technologies are already reaching their physical limitations. Most of these current technologies either cannot support the power load, use water (which is disastrous for expensive electronics if a leak occurs), suffer performance degradation over time, or have inherent failure points, such as pumps, which are only expected to last about 5 years (source).



AMD’s Threadripper is the perfect example of CPUs that are moving towards higher thermal loads to offer improved performance.  Few coolers can adequately cool a Threadripper CPU.  Based on our internal observations, the IceGiant ProSiphon Elite has been repeatedly demonstrated as the best cooler for this monster CPU.

The Solution


Finally, a high performance, dependable cooling solution that gamers and creators can rely on

IceGiant’s ProSiphon technology is an attractive product designed to handle the heaviest thermal loads. Since the cooler is gravity-driven, with no internal moving parts, each cooler is built to operate far beyond anything else in the market!



While most of our competitors’ products often suffer from a lack of performance or a limited lifetime, IceGiant combines extreme performance and incredible reliability. Our market-leading position in reliability is evidenced by our customer guarantee of 10 years, while our closest competitor only has a warranty of 6 years (source).  Unlike much of the competition, our gravity-driven cooler is built with no internal moving parts, which means there is no pump to fail, hence its ultra-reliability. With such an incredible warranty, users can support future, advanced CPUs by taking the cooler from one PC to the next.



Our first cooling solution, the ProSiphon Elite, uses a gravity-driven cooling loop to provide extreme cooling to high-powered CPUs. This is how it works:



IceGiant’s customers include gamers, streamers, YouTubers, content creators, and any other computer user requiring extreme performance.  We also sell to, distributors, retailers, and system integrators (PC builders). We sell our products B2C (directly to our customers) through our online store, as well as B2B through our retail distributors and system integrators.

The Market


In a growing multi-billion dollar market, IceGiant delivers a solution built to outperform and outlast the competition

Our technology is entering the market at a critical inflection point where both new, better cooling solutions are sorely needed and the popularity and growth of high-performance personal computers, gaming rigs, workstations, and server computers is exploding.


According to Business Wire, “the value of the combined gaming PC and monitor markets is expected to grow from $43 billion in 2020 to just over $60 billion in 2025 with a five-year CAGR of 7.4%” (source). The gaming and content creation desktop industry was already a high growth segment of the PC market pre-pandemic, and has only grown since. Sales for all desktops have continued to increase, as the economy has shifted toward a flexible office schedule (source), and every desktop requires a cooler. Furthermore, the size of the gaming industry has surpassed the movies and music industries combined(source).


(source, source, source, source, source)


Many competitors in the space either outsource their cooling solutions to a third-party everyone uses or continue to rely on the same solution they have been using for years despite the increases in chip power. This is a big reason why the PC cooling industry has had little to no major performance innovations in the last few decades. IceGiant, on the other hand, is the product of our world-class thermal engineers, who hold PhDs specialized in heat transfer, fluid dynamics, and two-phase flow, and have created years worth of innovative designs and products, each offering improved performance and reliability.


Furthermore, this thermal issue isn’t just happening in the consumer PC market- it is happening anywhere high-performance chips are required. Notably, the importance and growth of data centers, i.e., the “brains” of the internet that store and share applications and data, will continue to expand as cloud services, machine learning, IoT, AI, and deep learning continue to progress, and the next-generation of processors are released.


Our Traction


IceGiant is on the road to success, generating almost $1.1M in 15 months, with new developments underway

In 2019, IceGiant raised $520,000 to develop a unique, high-performance CPU (central processing unit) cooling solution for the PC industry (particularly for PCs used for gaming and content creation). Since then, we have developed our product, filed and received patents, and solidified our brand’s position in the market.  


We are currently protected by 8 issued patents and have 3 patents pending. Capital is needed to file additional patents and will also be needed as we generate more IP.


Starting in March of 2021, the IceGiant ProSiphon Elite was available for purchase directly from IceGiant, and several global retailers received inventory.   Between November of 2020 and January of 2022, we generated $1.1M in revenue and signed a distribution agreement with one of the world’s largest distribution companies, Tech Data Synnex.



With our current product, we already have an engaged, ardent early-adopter base that is passionate about gaming, content creation, and streaming, and that we believe will continue to support our upcoming products. 


Our product roadmap includes extreme performance coolers, one of which has already been prototyped and ready for 3rd-party review, as well as products in new categories. 


One of our very near-future endeavors is a partnership between IronSide Computers, EVGA, ASRock, Fractal Design, and G.Skill to put together the absolute top-of-the-line PC build. The pièce de résistance of this build is the specially binned CPU by the #1 overclocker himself, Splave, who has partnered with us.  In fact, Splave personally handpicked all of the components and will overclock the entire system. It’s the kind of computer that NASA would be super jealous of.


We believe we’re headed for the moon and beyond and just need to leave the atmosphere. But don’t just take our word for it. Hear what professionals are saying about IceGiant on our website.

*These testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success.



Why Invest


With demonstrated market demand and the success of our first product, IceGiant is ready for the next phase of growth!


We believe that IceGiant has what it takes to dominate the high-end desktop market (including PCs for gaming and content creation) within the next 3-5 years. And, within 10 years, we intend to be a leading brand across multiple categories. 



We see innovation as our strength and hold the vision for IceGiant to eventually become a superior brand with a diverse range of premium products spanning several markets. We believe IceGiant’s innovation and passion put us in a league of our own. Join us for the next exciting chapter of our story!



Offering Summary


Company

:

J R Thermal, LLC

Corporate Address

:

8903 Butler Circle, Austin, TX 78737

Offering Minimum

:

$9,999.60

Offering Maximum

:

$1,069,998.15

Minimum Investment Amount

(per investor)

:

$249.60











Terms


Offering Type

:

Equity

Security Name

:

Class CF Units

Minimum Number of Units Offered

:

5,128

Maximum Number of Units Offered

:

548,717

Price per Unit

:

$1.95

Pre-Money Valuation

:

$19,998,874.40











*Maximum Number of Units Offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Time-Based:

Friends and Family Early Bird

Invest within the first 72 hours and receive bonus Class CF Units equal to 25% of the Class CF Units purchased.

Super Early Bird

Invest within the first week and receive bonus Class CF Units equal to 20% of the Class CF Units purchased.

Early Bird

Invest within the first two weeks and receive bonus Class CF Units equal to 15% of the Class CF Units purchased.

Bird Bonus

Invest within the first month and receive bonus Class CF Units equal to 10% of the Class CF Units purchased.

Amount-Based:

Tier 1 | $500+

Invest $500+ and receive an exclusive IceGiant t-shirt and cap.

Tier 2 | $1,000+

Invest $1000+ and receive bonus Class CF Units equal to 7% of the Class CF Units purchased. + an exclusive IceGiant t-shirt and cap.

Tier 3 | $2,500+

Invest $2500+ and receive bonus Class CF Units equal to 10% of the Class CF Units purchased. + an exclusive IceGiant t-shirt, cap, and zip hoodie.

Tier 4 | $5,000+

Invest $5000+ and receive bonus Class CF Units equal to 12% of the Class CF Units purchased. + an exclusive IceGiant t-shirt, cap, zip hoodie, and IceGiant glass.

Tier 5 | $10,000+

Invest $10,000+ and receive bonus Class CF Units equal to 15% of the Class CF Units purchased. + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.

Tier 6 | $20,000+

Invest $20,000+ and receive bonus Class CF Units equal to 17% of the Class CF Units purchased. + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.

Tier 7 | $50,000+

Invest $50,000+ and receive bonus Class CF Units equal to 25% of the Class CF Units purchased. + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.

Tier 8 | $100,000+

Invest $100,000+ and receive bonus Class CF Units equal to 30% of the Class CF Units purchased. + an exclusive IceGiant t-shirt, cap, IceGiant glass, and zip hoodie.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

J R Thermal, LLC will offer 10% additional bonus units for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any units they purchase in this offering. For example, if you buy 100 Class CF units at $1.95 / share, you will receive 110 Class CF units, meaning you'll own 110 Class CF units for $195. Fractional units will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Inter company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$291,770.00 USD
$308,584.00 USD
Cash And Cash Equivalents
$1,292.00 USD
$110,917.00 USD
Accounts Receivable
$120.00 USD
$11,432.00 USD
Short Term Debt
$365,844.00 USD
$197,943.00 USD
Long Term Debt
$0.00 USD
$47,500.00 USD
Revenues And Sales
$412,162.00 USD
$456,001.00 USD
Costs Of Goods Sold
$349,111.00 USD
$163,969.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$137,215.00 USD
-$46,704.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Early Bird Bonus is Live

2 days ago

Hi! 

Thanks to everyone for all of the support.  Just wanted to let everyone know that the Early Bird bonus is now live.  Now is the time to invest in a cooler future!

First Update from IceGiant

4 days ago

Update from IceGiant!

Monday, June 27, 2022


Truly, thank you to the very first wave of IceGiant investors! In 4 days, we raised $115K with 120 investors! We made StartEngine's 'Most momentum' list, which leads us to believe we've had an incredible start!


Please note that the Super Early Bird Perk is in effect. Investing before the week is up means you'll receive 20% bonus shares. Look at the countdown at the top to see exactly how much time you have left for this perk. 


If you're following us here on StartEngine, we encourage you to subscribe to our email updates or follow us on social media (visit our website) as we'll send you friendly reminders on when perks are closing soon. 


Thank you again! 

Be Cool! Stay Cool!

IceGiant team

Show More Updates End of Updates

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