About Iceotope
Iceotope is a Technology company based in Sheffield (United Kingdom) founded in 2005. Liquid cooling solutions for data centers are provided by Iceotope. Iceotope has raised $107.39 million across 11 funding rounds from investors including nVent, Ombu Group and European Union. The company has 136 employees. Iceotope was last valued at $97.25 million in June 2022. Its chief executive, as recorded, is David Craig. Iceotope offers products and services including Iceotope Liquid Cooling Solutions, Iceotope Servers, and Joint Development. Its focus areas include Enterprise Infrastructure, Data Center Infrastructure, Equipment and Cooling. Its legal entity is ICEOTOPE TECHNOLOGIES LIMITED.
Company details
Provider of liquid cooling solutions for data centers. These solutions address the thermal management challenges of high-density computing environments, particularly in AI infrastructure. The company offers servers designed for demanding AI workloads and collaborates on joint development projects for future cooling technologies. Its offerings aim to improve energy efficiency, reduce water consumption, and simplify serviceability while enhancing compute density and extending component lifespan. A learning hub provides additional information on liquid cooling technology.
- Headquarters Sheffield, United Kingdom
- Employees 136
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website iceotope.com
- Social LinkedIn X Facebook
- Legal Name Iceotope Technologies Limited
- Date of Incorporation 23 Mar, 2012
- Jurisdiction ROTHERHAM, SOUTH YORKSHIRE, ENGLAND
- Annual Revenue$2.34 M (USD)34as on Jun 30, 2024
- Total Equity Funding$107.39M (USD)
in 11 rounds
- Latest Funding Round$26M (USD), Series B
May 2026
- InvestorsnVent
& 10 more
- Employee Count136
Products & Services of Iceotope
Iceotope offers a comprehensive portfolio of products and services, including Iceotope Liquid Cooling Solutions, Iceotope Servers, and Joint Development.
Delivers efficient liquid cooling for data centers and AI workloads.
Designed for demanding AI tasks with integrated liquid cooling.
Offers partnerships for future cooling innovations in technology.
Funding Insights of Iceotope
Iceotope has successfully raised a total of $107.39M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $26 million completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $107.39M
- Total Rounds 11
- Last Round Series B — $26M
- First Round $10M
(Dec 2013)
- Investors Count 11
Latest 10 of 11 funding rounds of Iceotope with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2026 | $26M | Series B | – | Barclays | |
| Jan 2025 | $7.11M | Series B | – | – | – |
| Jun 2022 | $36.84M | Series B | $97.25M | ABC Impact | |
| Jun 2021 | $4.19M | Series A | $57.29M | – | – |
| Dec 2020 | $4.02M | Series A | $••••• | – | – |
| Dec 2019 | $3.89M | Series A | $••••• | – | – |
| Jul 2018 | $7.92M | Series A | $••••• | – | – |
| Apr 2018 | $7.42M | Series A | $••••• | – | – |
| Sep 2017 | $2.65M | Grant | – | – | |
| Dec 2015 | $1.85M | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $97.25M | •••••••• |
| Jun 2021 | $57.29M | •••••••• |
| Dec 2020 | $••••• | •••••••• |
| Dec 2019 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
| Apr 2018 | $••••• | •••••••• |
Full valuation and stage history of Iceotope
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $97.25M (Jun 2022). 11 investors in total: 11 institutional.
Investors in Iceotope
Iceotope has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include nVent, Ombu Group and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm focused on investing in science and technology firms | 2020 | northern-gritstone.com | Manchester, United Kingdom | |
| edinv.com | ||||
Venture capital co-investments are made in UK later-stage businesses. | britishpatientcapital.co.uk | Sheffield, United Kingdom | ||
Growth-stage companies are invested in by this venture capital fund. | pavilioncapital.com | New York, United States | ||
Infrastructure investments in impact-driven companies are managed. | abcimpact.com.sg | Singapore, Singapore | ||
Aster is engaged in venture capital for deep tech and climate solutions. | 2000 | aster.com | Paris, France | |
VC firm investing in environmental tech startups | 2011 | ombugroup.com | London, United Kingdom | |
| british-business-bank.co.uk | ||||
Provider of electric heat solution products to industries | 2001 | nvent.com | Saint Louis Park, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Iceotope
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Iceotope
25 people are tracked at Iceotope (11 in leadership, 14 in team); the tracked headcount is 136.
| Name | Role | Group |
|---|---|---|
David Craig | CEO | Leadership |
Jonathan Ballon | CEO & President | Leadership |
Rachel C. | Vice President Of Business Strategy And Execution | Leadership |
Simon Jesenko | Chief Financial Officer | Leadership |
Nathan Longhurst | Head Of Design & Mechanical Engineering | Leadership |
Alexander Cushen | Head Of Product Architecture | Leadership |
Sally Clark | Business Partner | Leadership |
Jasper Kidger PhD CEng MIMechE | Head of ThermoFluids | Leadership |
Kelley Mullick, PhD | Vice President Technology Advancement and Alliances | Leadership |
David Amos | Director Of Engineering | Leadership |
Angus Hughes | Head Of Manufacturing And Quality Assurance | Leadership |
Joseph Smith | Senior Chemical And Materials Engineer | Team |
Keith Deakin | E2e Customer Manager | Team |
Josh Pierpoint | Electronic Engineer | Team |
Adam Snow | NPI Program Manager | Team |
Adam Brewer | Procurement Manager | Team |
Robert Lewis | Operational Excellence Manager | Team |
Tom Sanderson | Embedded Software Engineer | Team |
Steve Gates | Senior Design Engineer | Team |
Sindi Dlamini | Mechanical Design Engineer | Team |
5 more people are available in the full profile.
Complete people profiles for Iceotope
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Iceotope
4 dated milestones of Iceotope across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Iceotope is founded.
- Funding First funding round of $10.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $26.0M.
Web traffic of Iceotope
The website of Iceotope (iceotope.com) receives about 7.3K visits a month.
- Monthly visits7.3K
▲ 13.2% vs previous month
Websites whose visitors overlap most with Iceotope. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| grcooling.com | 33% | 6.8K | #2,872,545 | View details |
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Frequently Asked Questions about Iceotope
Iceotope was founded in 2005 and raised its 1st funding round 8 years after it was founded.
Iceotope is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
David Craig is the CEO of Iceotope, as recorded in our data.
Iceotope is a funded company, having raised a total of $107.39M across 11 funding rounds to date. The company's 1st funding round was a Grant of $1.85M, raised on Dec 2013.
Iceotope has 136 employees.
Annual revenue of Iceotope is $2.34M as on Jun 30, 2024.
Provider of liquid cooling solutions for data centers. These solutions address the thermal management challenges of high-density computing environments, particularly in AI infrastructure. The company offers servers designed for demanding AI workloads and collaborates on joint development projects for future cooling technologies. Its offerings aim to improve energy efficiency, reduce water consumption, and simplify serviceability while enhancing compute density and extending component lifespan. A learning hub provides additional information on liquid cooling technology.
Iceotope offers Iceotope Liquid Cooling Solutions, Iceotope Servers, and Joint Development.
Iceotope has 11 investors. Key investors include nVent, Ombu Group, European Union, Aster, and Northern Gritstone.
The valuation of Iceotope is $97.25M as of Jun 2022.
Iceotope operates through Iceotope Technologies Limited.