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Iceotope Group raises $26M in Series B funding led by Two Seas Capital to enhance cooling solutions for AI infrastructure.

PRIVATEMay 14, 2026•6 days ago

Amount Raised

$26 Million

Round Type

series b

Investors

British Patient CapitalNorthern GritstoneAbc ImpactEdinvBarclays Climate VenturesTwo Seas Capital

Description

Iceotope Group has secured $26 million in a Series B funding round led by Two Seas Capital and Barclays Climate Ventures, with additional support from existing investors. The funding will fuel product and engineering development, expand its patent portfolio, and foster ecosystem partnerships. Iceotope specializes in precision liquid cooling for data centers and AI infrastructure. The company aims to reduce energy consumption and enhance operational efficiency in high-performance systems.

Company Information

Company

Iceotope Group

About

Iceotope Group is a provider of precision liquid cooling solutions for data centres and edge infrastructure. Founded in 2005, the company specializes in replacing traditional air cooling with liquid-based thermal management. Their solutions enhance the efficiency of high-performance computing systems while minimizing energy consumption and water usage. Iceotope holds over 200 granted and pending patents related to its innovations in liquid cooling.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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