--- title: Iceotope raises $26m as AI rack densities push past what... description: Iceotope, a British precision-liquid-cooling company, has closed a $26 million Series B round led by Two Seas Capital and Barclays Climate Ventures. The... canonical: https://daily.dev/posts/iceotope-raises-26m-as-ai-rack-densities-push-past-what-air-cooling-can-do-hhln6dsgu twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Iceotope raises $26m as AI rack densities push past what air cooling can do | daily.dev og:description: Iceotope, a British precision-liquid-cooling company, has closed a $26 million Series B round led by Two Seas Capital and Barclays Climate Ventures. The... og:url: https://daily.dev/posts/iceotope-raises-26m-as-ai-rack-densities-push-past-what-air-cooling-can-do-hhln6dsgu og:image: https://api.daily.dev/og/posts/hhln6DSgu.png og:image:alt: Iceotope raises $26m as AI rack densities push past what air cooling can do og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Iceotope raises $26m as AI rack densities push past what air cooling can do **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Iceotope, a British precision-liquid-cooling company, has closed a $26 million Series B round led by Two Seas Capital and Barclays Climate Ventures. The funding targets expansion of its product line and patent portfolio as AI rack power densities approach and exceed 1 MW — beyond what air cooling or direct-to-chip liquid loops can handle. Iceotope's chassis-based approach circulates dielectric fluid directly around server components in a sealed chassis, eliminating fans, hot aisles, and water-intensive cooling towers. SemiAnalysis projects liquid-cooled AI accelerator capacity will grow from 3 GW to 40 GW within two years. The company competes with LiquidStack, Submer, JetCool, GRC, and Asperitas, differentiating via chassis-level deployment and a 219-patent portfolio. Cumulative disclosed funding now exceeds $80 million. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Built like a startup, scaled like Cisco: Transforming data center cooling for the AI era](https://daily.dev/posts/built-like-a-startup-scaled-like-cisco-transforming-data-center-cooling-for-the-ai-era-mkl2sufsz) · Cisco · 0 upvotes · 0 comments - [Hotter Than a Hot Tub: The 45°C Breakthrough to Cool AI’s Biggest Machines](https://daily.dev/posts/hotter-than-a-hot-tub-the-45-c-breakthrough-to-cool-ai-s-biggest-machines-snar65xuo) · NVIDIA · 0 upvotes · 0 comments - [Startup’s nuclear-inspired cooling system could make data centers more sustainable](https://daily.dev/posts/startup-s-nuclear-inspired-cooling-system-could-make-data-centers-more-sustainable-cgknejm23) · MIT News · 0 upvotes · 0 comments - [Orbital Industries raises $50M Series B for AI-designed data-centre hardware](https://daily.dev/posts/orbital-industries-raises-50m-series-b-for-ai-designed-data-centre-hardware-rzilfbr86) · The Next Web · 0 upvotes · 0 comments --- Tags: [#nvidia](https://daily.dev/tags/nvidia), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/iceotope-raises-26m-as-ai-rack-densities-push-past-what-air-cooling-can-do-hhln6dsgu) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Iceotope raises $26m as AI rack densities push past what air cooling can do","url":"https://daily.dev/posts/iceotope-raises-26m-as-ai-rack-densities-push-past-what-air-cooling-can-do-hhln6dsgu","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/iceotope-raises-26m-as-ai-rack-densities-push-past-what-air-cooling-can-do-hhln6dsgu"},"datePublished":"2026-05-15T09:37:19.950Z","dateModified":"2026-05-15T09:37:39.024Z","description":"Iceotope, a British precision-liquid-cooling company, has closed a $26 million Series B round led by Two Seas Capital and Barclays Climate Ventures. 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