Alstom, Solvay, Schneider: calm, cool and collected over Iceotope

Jan 16, 2014 • Katherine Steiner-Dicks

EIF and corporate-sponsor-backed Aster Capital has backed a $10m series A round of funding for UK IT cooling specialist, Iceotope.

Aster Capital, a corporate-venturing-sponsored clean tech venture capital firm, has invested through its second EUR107m fund, in a $10m series A round for Iceotope, a UK environmentally friendly IT cooling specialist. Aster fund sponsors include Alstom, Solvay and Schneider Electric as well as the European Investment Fund (through the Competitiveness and Innovation Framework Programme). Ombu Group, a UK investment company, also participated in the round. Innovator Capital acted as Iceotope’s exclusive financial advisor on the transaction.

In addition to the…

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