SK Enmove

Seoul, Seoul, South Korea · skenmove.com

SK Enmove supplies thermal fluids and develops liquid immersion cooling solutions for AI data centers, including deployments at SK Telecom and partnerships with GRC and LG Electronics.

AI Core · watchlist · score 82

Positioning

SK Enmove is the global market leader in Group III and Group III+ premium lube base oil, deliberately converting that position into a thermal management business since 2022, with the ambition of becoming an energy-saving company rather than a lubricants company. Its immersion cooling fluids are built on YUBASE base oil and target AI data centers, energy storage, EV batteries and EV fast chargers, engineered for fire stability, cooling and power efficiency, designed to last the equipment's life and be recycled. The commercialisation path is unusually well documented: it joined GRC's ElectroSafe Fluid Partner Program in February 2023; its fluids went into SK Telecom's data centers in 2023; it led GRC's USD 28 million Series C and took a stake; it commercialised ESS cooling fluids with Hanwha Aerospace and INCELL in 2024, billed as the world's first immersion cooling ESS; it partnered with SK On for EV battery thermal management; and on 2025-10-28 signed an MOU with LG Electronics and GRC under which SK Enmove supplies the thermal fluids, LG integrates the cooling system, and GRC contributes immersion tank design, with testing at LG's testbed. Commercial scores 2 because no fluids revenue is disclosed and the lubricants business sits outside the domain.

Facts, with sources

  • unknownRevenue band · datacenterdynamics.com
  • Controlled by SK Innovation Co., Ltd.Ownership change · datacenterdynamics.com
  • SK Enmove remained a major GRC shareholder as Samsung Ventures joined the investor base alongside HTS and ENEOSPartnership · datacenterdynamics.com
  • GRC investor base included Samsung Ventures, HTS and ENEOS, while SK Enmove remained a major shareholderFunding round · datacenterdynamics.com

9 facts on file. Members see all of them with the source link.

Scores, AI Core (of 10)

Deployment8
Production10
Commercials4
Progress8
Technology8
Positioning8
Firepower8
Leverage10

Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.

Questions this page answers

What does SK Enmove do?

SK Enmove supplies thermal fluids and develops liquid immersion cooling solutions for AI data centers, including deployments at SK Telecom and partnerships with GRC and LG Electronics. SK Enmove is the global market leader in Group III and Group III+ premium lube base oil, deliberately converting that position into a thermal management business since 2022, with the ambition of becoming an energy-saving company rather than a lubricants company. Its immersion cooling fluids are built on YUBASE base oil and target AI data centers, energy storage, EV batteries and EV fast chargers,

Where does SK Enmove rank in ai core?

SK Enmove is on the AI Core watchlist list of Frontier Tech Intelligence with a score of 82 out of 100, below the Top 100.

Where is SK Enmove based and when was it founded?

SK Enmove is based in Seoul, Seoul, South Korea.

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