ZutaCore, Inc. announced that it has received more than $100 million in a round of funding co-led by new investors, Mitsubishi Electric Corporation, Samsung Electro-Mechanics Co., Ltd. through it corporate arm Samsung Venture Investment Corporation, returning investor, Carrier Ventures on June 2, 2026. The transaction also includes participation from other additional investors. The company has issued convertible preferred shares in the transaction.

The company raised funding at estimated valuation of $600 million. The company raised approximately $200 million funding till date.