# Vancouver Startup Wafr Raises $100 Million to Cut AI Data Center Water Use by 95%

*2026-07-07 02:02 UTC · Business · 1 min read*

> Vancouver's Wafr Technologies raised $100M for cooling tech that cuts AI data center water use by 95% and power use by 80%.

Vancouver-based Wafr Technologies has raised $100 million to scale its water-efficient cooling system for AI data centers, with plans to seek another $200 million to reach a $300 million total raise. The company's thermal-battery technology stores cooling capacity when grid electricity is cheap and releases it during peak demand, cutting water use by up to 95% and cooling-related power consumption by up to 80%.

Co-founder and CEO Bikram Singh said the goal is proving that AI growth doesn't have to come at an environmental cost, while co-founder Darrell Kopke said the system "virtually eliminates the need for water" used in evaporative cooling. A typical data center consumes roughly 10 million liters of water a year, with cooling responsible for 30-45% of total electricity load.

Founded in 2025, Wafr plans to use the new funding to launch a Canadian AI research lab and has already signed letters of intent with data-center developers, prioritizing the US market — home to more than 5,300 data centers — and Germany.

## Sources

- [datacenterdynamics.com](https://www.datacenterdynamics.com/en/news/cooling-vendor-wafr-technologies-raises-100m-report/)
- [techcouver.com](https://techcouver.com/2026/07/03/vancouvers-wafr-raises-100m-to-build-sustainable-ai-infrastructure/)

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TechTools News · https://techtools.cz/tools/news/article/1960-vancouver-startup-wafr-raises-100-million-to-cut-ai-data-center-water-use-by-95
Česká verze: https://techtools.cz/tools/news/clanek/2033-vancouversky-startup-wafr-ziskal-100-milionu-dolaru-na-snizeni-spotreby-vody-ai