Swiss Startup Corintis Raises $24M, Partners with Microsoft for AI Chip Cooling Breakthrough

Swiss semiconductor cooling startup Corintis has raised $24 million in a Series A funding round led by BlueYard Capital, bringing its total funding to approximately $33.4 million. The company specializes in advanced liquid cooling technology featuring micro-scale channels inside chips, which improves cooling efficiency by up to three times compared to traditional methods. This innovation addresses the significant heat challenges posed by increasingly powerful AI chips, such as those used by NVIDIA and Microsoft, whose power requirements have surged tenfold in recent years. Intel CEO Lip-Bu Tan has joined Corintis' board, underscoring industry support for their mission to overcome next-generation chip cooling bottlenecks. Corintis plans to expand its U.S. presence, increase production capacity from 100,000 to 1 million cooling plates annually, and grow its team from 55 to 70 employees by year-end. Their technology, developed from research at the Federal Institute of Technology in Lausanne (EPFL), is poised to support AI advancements by efficiently managing chip heat through customized microfluidic designs.