ZutaCore Raises $100M Series C to Scale Waterless Cooling for AI and HPC Data Centers
FOSTER CITY, Calif., June 2, 2026 – ZutaCore, a leader in waterless, direct-to-chip, two-phase liquid cooling, today announced its $100 million Series C funding round. The round includes investment from Mitsubishi Electric, Carrier Ventures, and Samsung Electronics (via its CVC arm, Samsung Ventures), alongside additional investors. The funding supports global commercialization expansion as ZutaCore scales […] The post ZutaCore Raises $100M Series C to Scale Waterless Cooling for AI and HPC Data Centers appeared first on HPCwire .
The explosion of AI and HPC compute demand, combined with increasing power consumption and heat density, is making traditional cooling methods unsustainable, creating immediate market urgency for advanced solutions.
This significant funding round for ZutaCore highlights the critical and intensifying need for efficient cooling solutions to sustain the growth of AI and HPC, directly impacting the economic viability and scalability of future compute infrastructure.
The market for advanced cooling technologies, particularly waterless direct-to-chip liquid cooling, is accelerating, with significant investment validating its necessity and potential to become a standard in high-performance data centers.
- · ZutaCore
- · AI/HPC data center operators
- · Advanced cooling technology providers
- · Semiconductor manufacturers pushing performance limits
- · Traditional air-cooling solution providers
- · Data centers with limited power/cooling infrastructure
- · Regions facing acute water scarcity without alternative cooling options
ZutaCore will significantly expand its commercialization efforts, making its waterless cooling technology more widely available.
The widespread adoption of efficient cooling will enable denser and more powerful AI/HPC deployments, further accelerating AI development and its applications.
Reduced energy consumption and water usage from advanced cooling could mitigate some environmental impacts of the compute boom, potentially influencing regulatory frameworks and site selection for future data centers.
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