Iceotope Raises $26M Series B, Co‑led by Two Seas
SkimNews Take
Traditional financial institutions are increasingly investing in infrastructure-adjacent climate tech, signaling a shift from pure software solutions to hardware that underpins the digital economy's sustainability.
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- Iceotope raised $26 million in a Series B financing round.
- Two Seas Capital co‑led the $26 million Series B round with Barclays Climate Ventures.
Why it matters: Iceotope’s $26 million infusion gives it capital to scale liquid‑cooling solutions, enabling data‑center operators to cut energy use while offering investors exposure to fast‑growing climate‑tech markets.
