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L0 · Physical Infrastructure

Iceotope

Iceotope provides precision liquid cooling solutions for AI data centers and edge computing.

Updated April 2026

Overview

Segment
Cooling & Thermal Management

Product overview

Iceotope offers Precision Liquid Cooling technology that cools the entire IT stack—including GPUs, CPUs, storage, memory, and networking—using dielectric fluid to remove heat at the source, enabling high-density AI and HPC workloads with up to 40% less power and 96% less water usage per kW of IT equipment power ], ]. Products like KUL AI servers and KUL BOX provide turnkey, rack-based solutions deployable anywhere without facility water. Used by hyperscalers, OEMs like HPE and Dell, partners like maincubes and Meta, it stands out with over 215 patents, direct-to-everything cooling, and sustainability benefits for AI infrastructure ], ].

Revenue model

Sells precision liquid cooling systems, chassis, and turnkey servers via OEM agreements (e.g., HPE ProLiant integration) and direct partnerships with hyperscalers/OEMs; premium value-led pricing emphasizing TCO savings (40% power reduction, quick payback in months); no public contract types, lease structures, or $/kW rates disclosed ], ] ].

Moat

  • Proprietary Technology
  • Cost Advantages
  • Scale Advantages

Iceotope's key competitive moat is its proprietary Precision Liquid Cooling technology, which combines direct liquid and immersion cooling for superior efficiency, reducing energy use by up to 40%, eliminating water consumption, and enabling high compute density in data centers and edge environments.