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Carrier Global announces investment in ZutaCore

Written by Alison Deane | Feb 18, 2025 8:00:00 AM

Carrier Global (CARR) announced that its venture group, Carrier Ventures, is leading an investment and technology partnership with ZutaCore. This investment aligns with Carrier’s strategy of providing high-tech, integrated cooling solutions to meet the critical cooling needs of data center customers. The global data center cooling market is projected to reach $20 billion by 2029, and liquid cooling is projected to grow at a 39% CAGR over the same period.