Cooling systems firm capitalises on AI export demand following UKEF referral
A Sheffield-based business that is a world leader in 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 cashflow 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 £1.5m 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.”
Colin 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 £14.5bn in new financing, helping over 667 UK companies to export and grow and supported up to 70,000 jobs.