Carrier Global Corp (CARR) Invests in ZutaCore to Enhance Data Center Cooling Solutions

Carrier Global Corp (CARR, Financial), a leader in intelligent climate and energy solutions, announced on February 18, 2025, that its venture group, Carrier Ventures, is spearheading an investment and technology partnership with ZutaCore, a pioneer in two-phase direct-to-chip liquid cooling technology for data centers. This strategic move aligns with Carrier's mission to deliver advanced cooling solutions to meet the growing demands of data center customers, particularly as the global data center cooling market is expected to reach $20 billion by 2029.