Samsung is also in: $100 million for a startup from Sderot that cools AI factories
Summary
This item reports a $100 million funding round for an Israeli startup based in Sderot. The company builds cooling technology for AI factories, which points to infrastructure used in data centers and high-performance computing environments. Samsung’s participation suggests strategic investor interest in the space. The article is relevant to software and infrastructure audiences because AI deployment depends on the cooling and operational efficiency of the underlying compute stack.
Funding
Amount
$100.0M
Total raised
Date
June 1, 2026
Announcement date
Investors
Samsung Electronics
Lead investors
Company
zutacore.com
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
AskAI Classifications
Labels
SaaS
Industrial IoT Software
Data Center Infrastructure Software
Linked Companies
ZutaCore
$1M to $5M