$30M Investment Facilitation Underway to Advance ZutaCore’s Sustainable Data Center Technologies
San Francisco, CA & Tel Aviv, Israel – Apollonia Capital is currently facilitating a significant investment round of $30 million, comprising $13 million in B-4 Preferred Shares and an additional $17 million for secondary stocks in ZutaCore, a pioneer in Direct-to-Chip, Waterless Dielectric Liquid Cooling solutions based in Tel Aviv and Mountain View, CA. As part of this process, Apollonia Capital is not only orchestrating this equity raise but also plans to invest alongside its investors, reinforcing its confidence and commitment to ZutaCore's innovative technology.
This initiative underscores Apollonia Capital’s role in promoting technologies that set new benchmarks in energy efficiency and environmental sustainability. ZutaCore’s HyperCool solution utilizes a highly efficient, two-phase boiling and condensation process to significantly mitigate the heat generated by processors and minimize thermal load on servers.
"The ongoing partnership with ZutaCore aligns with our strategic efforts to support and invest in technologies that contribute to global sustainability goals," said a spokeperson for Apollonia Capital. "ZutaCore’s cutting-edge HyperCool technology is instrumental in advancing the data industry’s shift towards achieving Net Zero by 2030."
ZutaCore’s revolutionary cooling technology is critical in transforming data center operations, making it a key player in the industry's transition toward sustainable solutions. By reducing the use of water, power, and land, and maximizing heat reuse, HyperCool technology is at the forefront of environmental sustainability in data centers.
"We appreciate the significant effort Apollonia Capital is making to facilitate this investment, which will enable us to expand our impact on energy-efficient and sustainable data center operations," said Erez Freibach, Co-Founder and CEO of ZutaCore.
With over 1,000 installations already benefiting from its solutions, ZutaCore is poised to continue redefining the standards for data center operations globally. This strategic collaboration with Apollonia Capital marks a crucial step in their shared mission to promote cooler, more sustainable technological environments.
About Apollonia Capital
Apollonia Capital is an investment firm specializing in the facilitation of significant technology investments. With a strong focus on sustainability and efficiency, Apollonia is committed to fostering innovations that enhance global tech infrastructure.
About ZutaCore
ZutaCore is a leader in advanced data center cooling technology based in Tel Aviv, Israel, and Mountain View, California. The company’s pioneering HyperCool solution is an efficient, waterless, direct-to-chip, dielectric liquid cooling system, setting new standards in data centers worldwide.
