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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%.
| Company | HQ | Capital raised | Rounds | Exit |
|---|---|---|---|---|
| Boom Supersonic | United States | $300M | 1 | — |
| Frore Systems | United States | $223M | 2 | — |
| VEIR | United States | $185M | 2 | — |
| Emerald AI | United States | $184M | 2 | — |
| Panthalassa | United States | $140M | 2 | — |
| TAR | United States | $120M | 1 | — |
| ZutaCore | United States | $100M | 2 | — |
| Aalo Atomics | United States | $100M | 1 | — |
| GridCARE | United States | $78M | 2 | — |
| Exowatt | United States | $70M | 2 | — |
| DG Matrix | United States | $60M | 1 | — |
| Submer | Spain | $56M | 1 | — |
| Corintis | Switzerland | $49M | 2 | — |
| Omen AI | United States | $42M | 2 | — |
| Branch Energy | United States | $33M | 1 | — |
| C2i Semiconductors | India | $32M | 2 | Acquired |
| Claros | United States | $30M | 1 | Acquired |
| Iceotope | United Kingdom | $26M | 1 | — |
| Accelsius | United States | $24M | 1 | — |
| Aston Power | United States | $20M | 1 | — |
| LiquidStack | United States | $20M | 1 | Acquired |
| JetCool | United States | $17M | 1 | — |
| Scalvy | United States | $14M | 1 | — |
| Matrix Power Technologies | China | $14M | 1 | — |
| Niv-AI | Israel | $12M | 1 | — |
| Company | Amount | Stage | Announced |
|---|---|---|---|
| Boom Supersonic | $300M | Series B | Dec 9, 2025 |
| Emerald AI | $150M | Series A | Aug 25, 2026 |
| Frore Systems | $143M | Series D | Mar 16, 2026 |
| Panthalassa | $140M | Series B | May 5, 2026 |
| TAR | $120M | Series A | Sep 8, 2026 |
| VEIR | $110M | Series C | Oct 8, 2026 |
| ZutaCore | $100M | Series C | Jun 2, 2026 |
| Aalo Atomics | $100M | Series B | Aug 19, 2025 |
| Frore Systems | $80M | Series C | May 29, 2024 |
| VEIR | $75M | Series B | Jan 28, 2025 |