Liquid cooling firm Iceotope has closed $26 million funding round to help fund its R&D efforts.
The investment was led by Two Seas Capital and Barclays Climate Ventures, with participation by existing investors Edinv, ABC Impact, Northern Gritstone, and British Business Bank.
– Iceotope
UK-based Iceotope will use the funding “to advance product and engineering development, expand its patent portfolio and accelerate ecosystem partnerships that will bring solutions incorporating Iceotope technology to market.”
Simon Jesenko, CEO and CFO of Iceotope, said: "Securing such high-caliber investors validates both our technology and our market timing.
