Applied Digital leads $25 million funding for Corintis to enhance data center cooling technology
Applied Digital took the role of lead investor in a $25 million funding round for Corintis, a Switzerland-based company that develops advanced chip-cooling technologies for data centers handling demanding Artificial Intelligence (AI) workloads.
The funding supports Applied Digital's focus on AI-optimized infrastructure and its work in high-performance, sustainably engineered data centers. Liquid cooling is critical to enabling high-density Graphics Processing Unit (GPU) compute systems, and this investment reflects Applied Digital's engagement with technologies that contribute to efficiency and sustainability within digital infrastructure.
Corintis is headquartered in Lausanne, Switzerland, and uses microfluidic technology for direct-to-chip liquid cooling. Its generative design and manufacturing platform adapts cooling solutions to the chip level and can either replace standard liquid cooling methods or be integrated directly inside GPUs. This approach achieves up to three times lower temperatures compared to conventional cold plates, as validated by Microsoft, while supporting greater power densities and improved energy efficiency.
The collaboration involves expanding Corintis' U.S. footprint with a new office in Bellevue, Washington, scaling microfluidic cooling manufacturing globally, and accelerating customer deployments. Corintis has signed multiple new tech companies since its recent Series A funding, increasing its total capital raised to $58 million.
Wes Cummins, Applied Digital's chairman and CEO, said, “Our investment in Corintis, together with our investment strategy, ensures that Applied Digital remains at the forefront of data center innovation, from power and cooling to other critical systems that enhance performance, scalability, and efficiency across our campuses.” Remco van Emergency Response Plan (ERP), Corintis' co-founder and CEO, said, “Partnering with Applied Digital strengthens Corintis’ role as a bridge between these critical domains and accelerates the adoption of our microfluidic cooling technology at scale.”
Applied Digital's investment follows its recent agreements, including a long-term lease with a U.S.-based investment-grade hyperscaler at Polaris Forge 2 and $400 million in lease agreements with CoreWeave at Polaris Forge 1, alongside a $5 billion partnership with Macquarie Asset Management. These actions illustrate Applied Digital's initiatives to develop infrastructure suited to intensive compute workloads.