Aperture Tracker

Sectors › AI Infrastructure › Power & cooling for AI data centers

Power & cooling for AI data centers funding

Power & cooling for AI data centers

A sub-sector of AI Infrastructure. Each company counts once, in its main sub-sector.

45 rounds, $2B raised by 35 companies, Jan 2, 2023 to Nov 14, 2026, 2% of AI Infrastructure capital. Top three companies: Boom Supersonic 15%, Frore Systems 11%, VEIR 9%.

Companies by capital raised
CompanyHQCapital raisedRoundsExit
Boom SupersonicUnited States$300M1—
Frore SystemsUnited States$223M2—
VEIRUnited States$185M2—
Emerald AIUnited States$184M2—
PanthalassaUnited States$140M2—
TARUnited States$120M1—
ZutaCoreUnited States$100M2—
Aalo AtomicsUnited States$100M1—
GridCAREUnited States$78M2—
ExowattUnited States$70M2—
DG MatrixUnited States$60M1—
SubmerSpain$56M1—
CorintisSwitzerland$49M2—
Omen AIUnited States$42M2—
Branch EnergyUnited States$33M1—
C2i SemiconductorsIndia$32M2Acquired
ClarosUnited States$30M1Acquired
IceotopeUnited Kingdom$26M1—
AccelsiusUnited States$24M1—
Aston PowerUnited States$20M1—
LiquidStackUnited States$20M1Acquired
JetCoolUnited States$17M1—
ScalvyUnited States$14M1—
Matrix Power TechnologiesChina$14M1—
Niv-AIIsrael$12M1—
The ten largest rounds
CompanyAmountStageAnnounced
Boom Supersonic$300MSeries BDec 9, 2025
Emerald AI$150MSeries AAug 25, 2026
Frore Systems$143MSeries DMar 16, 2026
Panthalassa$140MSeries BMay 5, 2026
TAR$120MSeries ASep 8, 2026
VEIR$110MSeries COct 8, 2026
ZutaCore$100MSeries CJun 2, 2026
Aalo Atomics$100MSeries BAug 19, 2025
Frore Systems$80MSeries CMay 29, 2024
VEIR$75MSeries BJan 28, 2025