ZutaCore
Category: AI Infrastructure
ZutaCore is a leader in waterless, direct-to-chip, two-phase liquid cooling solutions for AI and high-performance computing data centers. ZutaCore was founded in 2016. The company is led by Erez Freibach. Based in San Jose, California, United States. Team size: 101-500. Total funding raised: $200M. Latest round: Series C. Key investors include Mitsubishi Electric, Carrier Ventures, Samsung Ventures, Mitsubishi Heavy Industries, Daikin, Wiwynn, ZIM Ventures, LIP Ventures, European Union (grant).
- Founded
- 2016
- Headquarters
- San Jose, California, United States
- Team size
- 101-500
- Total funding
- $200M
Value proposition
Waterless direct-to-chip liquid cooling that eliminates water use, reduces energy consumption by up to 82%, and enables higher compute density for AI and HPC workloads.
Products and solutions
HyperCool (waterless two-phase direct-to-chip liquid cooling), OmniTherm cold plate (for NVIDIA RTX PRO 6000 Blackwell), Waterless End-of-Row CDU family (1.2MW and 2MW), HyperCool Cloud (real-time monitoring platform)
Unique value
Patented waterless two-phase direct-to-chip cooling using a dielectric fluid that boils and condenses in a sealed closed-loop system — no water, no corrosion risk, 82% less energy, supports processors exceeding 4,000W, works in any climate
Target customer
Hyperscalers, neoclouds, data center operators, financial services firms, AI factories, and enterprise compute environments
Industries served
AI Infrastructure, Data Centers, High-Performance Computing, Financial Services, Cloud Computing
Technology advantage
Patented HyperCool two-phase technology using dielectric fluid (non-conductive, non-flammable) that removes heat directly at the processor via boiling/condensation cycle; sealed closed-loop system eliminates water dependency; supports next-gen chips >4,000W; 75+ global deployments; 2MW emulation platform for validation
How they differentiate
Only waterless two-phase direct-to-chip cooling using dielectric fluid (no water, no corrosion, no condensation risk); sealed closed-loop system; supports extreme power densities >4,000W per chip; reduces energy by up to 82%; works in any climate/geography
Main competitors
Accelsius (Nokia Bell Labs spin-off, two-phase cooling), CoolIT Systems (single-phase DLC), Motivair (liquid cooling)
Key partnerships
Mitsubishi Electric, Carrier (QuantumLeap integration), Samsung Electronics/Samsung Ventures, Mitsubishi Heavy Industries (white-label agreement), Wiwynn, SoftBank Corp., Foxconn, NVIDIA, Intel, Equinix, Daikin, ZIM Ventures
Notable customers
Equinix, Texas Advanced Computing Center (TACC), University of Münster, Oregon State University, University of Pisa, NeevCloud, Iozera
Major milestones
2016: Founded by Erez Freibach, 2023: Strategic alliance & investment from Mitsubishi Heavy Industries, 2024: Wiwynn strategic investment & partnership, 2025: Carrier Ventures investment, SoftBank/Foxconn collaboration for NVIDIA H200 rack-integrated solution, ZIM investment, 2026: $100M Series C led by Mitsubishi Electric, Carrier Ventures, Samsung Ventures, OmniTherm cold plate for NVIDIA RTX PRO 6000 Blackwell, 2MW End-of-Row CDU launch
Growth metrics
$42.8M revenue (2025); 75+ deployments worldwide; ~140 employees globally (~100 in Israel); valuation ~$600M (2026, per Calcalist estimate)
Market positioning
Leading pure-play waterless two-phase direct-to-chip liquid cooling company for AI/HPC data centers; positioned at the intersection of the AI infrastructure boom and data center sustainability megatrend
Geographic focus
Global — HQ in San Jose, CA (US); R&D and manufacturing in Sderot, Israel; offices in Europe, Taiwan, India
Patents and IP
Patented HyperCool two-phase direct-to-chip liquid cooling technology; OmniTherm cold plate for PCIe GPUs
About Erez Freibach
Ex-CFO at Clarizen, OzVision, Anamorphose Ltd; also held roles at Carrar
Latest news about ZutaCore
More AI Infrastructure companies
Official website: https://www.zutacore.com
