Iceotope, an environmental IT cooling specialist, has raised more than $10 million in a Series A round led by Aster Capital. Ombu Group, a U.K.-based tech investor, also participated in the financing.
Iceotope makes server cooling systems that combine the company's liquid cooling technology with industry-standard ICT technology. A significant portion of all electricity consumed globally is due to the energy demand of data centers and supercomputing facilities. Iceotope's technology aims to halve those energy requirements and significantly reduce infrastructure costs.