Last updated 2026-06-18
- Raised $100M Series C led by Mitsubishi Electric, Jun 2026
- Raised $30M Venture Round led by Carrier, Dec 2023
- Raised $8M Venture Round led by Mitsubishi Heavy Industries, Nov 2023
Total raised
$200.0M
Last: Series C 2026-06
Stage
Series C
Founded
2016
Headcount
140
HQ
Foster City, United States
Sector
Energy Tech
About
ZutaCore is a leader in waterless, direct-to-chip liquid cooling solutions, redefining how the world powers and cools compute for high-performance AI and HPC data centers. Its patented HyperCool® technology utilizes a two-phase, dielectric liquid to remove heat directly from processors, enabling significantly higher compute density, reducing energy consumption, and eliminating water use. This innovative approach allows for smaller data centers, lower operational costs, and supports a net-zero, sustainable digital infrastructure by enabling heat reuse and reducing carbon footprint. ZutaCore operates globally with its R&D center in Sderot, Israel, and commercial headquarters in Foster City, California.
Funding history · 8 rounds · $200.0M total
2018-01
Seed
Undisclosed
NextLeap Ventures
2019-06
Grant
Undisclosed
2022-03
Seed
Undisclosed
Elah Fund
2023-11
Venture Round
$8.0M
★ Mitsubishi Heavy Industries
2023-12
Venture Round
$30.0M
★ CarrierZIM
2024-06
Venture Round
Undisclosed
★ Wiwynn
2024-11
Venture Round
Undisclosed
OurCrowd
2026-06
Series C
$100.0M
★ Mitsubishi Electric★ Carrier★ Samsung VenturesMitsubishi Heavy IndustriesDaikinZIM
Q&A
- What is ZutaCore's primary focus?
- ZutaCore specializes in pioneering waterless, direct-to-chip liquid cooling solutions for high-performance AI and HPC data centers.
- Where are ZutaCore's main operational centers located?
- ZutaCore operates globally with its R&D center in Sderot, Israel, and commercial headquarters in Foster City, California, United States.
- When was ZutaCore founded?
- ZutaCore was founded in August 2016.
- What is ZutaCore's employee count?
- ZutaCore has an employee count in the 51-200 range.
- What was ZutaCore's most recent funding round?
- ZutaCore completed a Series C funding round in June 2026, raising $100,000,000. Lead investors included Mitsubishi Electric and Carrier.
- Which investors participated in ZutaCore's Venture Round in December 2023?
- The Venture Round in December 2023 saw investment from Carrier and ZIM.
- What is ZutaCore's total amount raised to date?
- ZutaCore has raised a total of $200,000,000 USD.
- What is ZutaCore's core technology?
- ZutaCore's core technology is its patented HyperCool® system, which uses a two-phase, dielectric liquid for direct-to-chip heat removal.
Team · 13
Founder · Co-founder, Chief Scientist
Tal Parnes
Founder · Co-founder (No longer with the company)
EVP Product & Innovation
Vice President Operations
Sectors & technology
Primary sector
Energy Tech
Technologies
Target customers
Business model
B2B
Highlights
Climate TechPatents
Tags
energy-efficiencycoolingenergytechthermal-managementelectronicsdata-center-efficiencyclimate-techelectronic-manufacturingmaterialsdata-centersai-coolingliquid-coolinghpcartificial-intelligencehigh-performance-computingtwo-phase-coolingdirect-to-chip-coolingwaterless-coolingdata-center-cooling
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | zutacore.com |
|---|---|
| linkedin.com/company/64871130 |
Identifiers & details
| Legal name | Zutacore Inc. |
|---|---|
| Founded | 2016-8 |
| Employees (exact) | 140 |
Radar intelligence
Open jobs — bamboohr
| Total open | 25 |
|---|---|
| Remote | 0 |
| By department | SW (1), Supply chain operations (2), R&D (7), CTO (1), CRO (6), COO (3), Marketing (1), OPS (2), Integration and Engineering (1), Finance (1) |
| By location | Sderot (19) |
| Title | Location | Department |
|---|---|---|
| Backend Engineer | Sderot | SW |
| NPI & Manufacturing Engineer | Sderot | Supply chain operations |
| Mechanical Engineer-R&D | Sderot | R&D |
| Mechanical Engineer- CTO | Sderot | CTO |
| Support & Deployment Engineer | CRO | |
| Mechanical R&D Engineer- Thermal R&D | Sderot | R&D |
| Solution Architect / Service | COO | |
| Lead Generation & Events Manager | Marketing | |
| Production & Material Planner | Sderot | OPS |
| Operational Excellence Engineer (Temporary maternity leave replacement) | Sderot | Supply chain operations |
| Buyer | Sderot | OPS |
| Mechanical R&D Engineer | Sderot | R&D |
Patents
| EPO | 1 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
Web history (Wayback)
| Domain | zutacore.com |
|---|
Certificate / subdomain footprint
| Subdomains | 31 |
|---|