Iceotope

Sheffield, United Kingdom Founded: 2005 • Age: 21 yrs
Liquid cooling solutions for data centers are provided by Iceotope.
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About Iceotope

Iceotope is a company based in Sheffield (United Kingdom) founded in 2005.. Iceotope has raised $81.39 million across 10 funding rounds from investors including nVent, Ombu Group and European Union. The company has 136 employees as of June 30, 2024. Iceotope offers products and services including Iceotope Liquid Cooling Solutions, Iceotope Servers, and Joint Development. Iceotope operates in a competitive market with competitors including Johnson Controls, TAS, SkyCool Systems, Green Revolution Cooling and LiquidStack, among others.

  • Headquarter Sheffield, United Kingdom
  • Employees 136 as on 30 Jun, 2024
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Iceotope Technologies Limited
  • Date of Incorporation 23 Mar, 2012
  • Jurisdiction ROTHERHAM, SOUTH YORKSHIRE, ENGLAND
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
    $2.34 M (USD)
    34
    as on Jun 30, 2024
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $81.39 M (USD)

    in 10 rounds

  • Latest Funding Round
    $7.11 M (USD), Series B

    Jan 27, 2025

  • Investors
    nVent

    & 8 more

  • Employee Count
    136

    as on Jun 30, 2024

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Products & Services of Iceotope

Iceotope offers a comprehensive portfolio of products and services, including Iceotope Liquid Cooling Solutions, Iceotope Servers, and Joint Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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.

People of Iceotope
Headcount 10-50
Employee Profiles 24
Employee Profiles
People
Rachel C.
Vice President Of Business Strategy And Execution
People
Simon Jesenko
Chief Financial Officer
People
Nathan Longhurst
Head Of Design & Mechanical Engineering
People
Joseph Smith
Senior Chemical And Materials Engineer

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Funding Insights of Iceotope

Iceotope has successfully raised a total of $81.39M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $7.11 million completed in January 2025. 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
  • Total Rounds 10
  • Last Round Series B — $7.1M
  • First Round

    (13 Dec 2013)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Series B - Iceotope Valuation

investors

Jun, 2022 Amount Series B - Iceotope Valuation ABC Impact
Jun, 2021 Amount Series A - Iceotope Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Iceotope

Iceotope has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include nVent, Ombu Group and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment firm focused on investing in science and technology firms
Founded Year Domain Location
-
Founded Year Domain Location
Venture capital co-investments are made in UK later-stage businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Iceotope

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Iceotope

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Iceotope Comparisons

Employees
+
Add Comparison
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Competitors of Iceotope

Iceotope operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Johnson Controls, TAS, SkyCool Systems, Green Revolution Cooling and LiquidStack, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automotive batteries and HVAC equipment are manufactured and supplied globally.
domain founded_year HQ Location
TAS is recognized for providing innovative modular construction solutions.
domain founded_year HQ Location
Provider of radiative cooling systems
domain founded_year HQ Location
Oil immersion cooling solutions for data centers are provided.
domain founded_year HQ Location
Cooling solutions for data centers are provided through specialized platforms.
domain founded_year HQ Location
Immersion cooling systems for data centers are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Iceotope

Frequently Asked Questions about Iceotope

When was Iceotope founded?

Iceotope was founded in 2005 and raised its 1st funding round 8 years after it was founded.

Where is Iceotope located?

Iceotope is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.

Who is the current CEO of Iceotope?

David Craig is the current CEO of Iceotope.

Is Iceotope a funded company?

Iceotope is a funded company, having raised a total of $81.39M across 10 funding rounds to date. The company's 1st funding round was a Series A of $4.19M, raised on Dec 13, 2013.

How many employees does Iceotope have?

As of Jun 30, 2024, the latest employee count at Iceotope is 136.

What is the annual revenue of Iceotope?

Annual revenue of Iceotope is $2.34M as on Jun 30, 2024.

What does Iceotope do?

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.

Who are the top competitors of Iceotope?

Iceotope's top competitors include Johnson Controls, TAS and LiquidStack.

What products or services does Iceotope offer?

Iceotope offers Iceotope Liquid Cooling Solutions, Iceotope Servers, and Joint Development.

Who are Iceotope's investors?

Iceotope has 9 investors. Key investors include nVent, Ombu Group, European Union, Aster, and Northern Gritstone.

What is Iceotope's valuation?

The valuation of Iceotope is $97.25M as of Jun 2022.

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