Liquid cooling startup ZutaCore raises $100 mn in Series C from Mitsubishi, Carrier, Samsung & others
NEW DELHI: ZutaCore, a direct-to-chip waterless liquid cooling solutions provider, said it has raised $100 million (~₹950 crore) in a Series C funding round, with participation from Mitsubishi Electric, Carrier Ventures, and Samsung Electronics.
South Korean Samsung participated via its corporate venture capital arm, Samsung Ventures. The round also included additional investors.
The US-based company said on Tuesday that the funding supports global commercialisation expansion as it scales to meet rapidly growing bookings and deployments driven by surging demand for AI and high-performance computing (HPC) infrastructure.
