Iceotope

Iceotope’s patented Precision Liquid Cooling (PLC) technology combines attributes of direct-to-chip and tank immersion cooling by using a small amount of non-conductive, dielectric fluid to precisely target and cool the hottest components within a server. This method is executed within sealed, rack-based chassis, making the systems compatible with standard data center infrastructure and impervious to dust and humidity. The technology has demonstrated its capability by cooling chips at loads of 1000W and up to 1500W, a critical milestone for handling the thermal demands of advanced AI and high-performance computing (HPC) workloads.

The company's business model revolves around direct sales of its cooling systems, a licensing model for its IP, and co-development of custom solutions with OEMs, ODMs, and hyperscalers. This strategy targets data center managers, engineers, and sustainability officers. Iceotope’s solutions are designed to reduce energy consumption by up to 40%, water usage by up to 100%, and carbon emissions, addressing key sustainability challenges in the data center sector. The company has raised a total of $81.4 million over 10 funding rounds, with significant investments from firms like ABC Impact, nVent, Northern Gritstone, and British Patient Capital, to support its global expansion, particularly in North America, Europe, and Asia.