Submer Technologies S.L.

Based in Spain, Submer Technologies S. L. specializes in innovative liquid cooling solutions tailored for modern data centers, emphasizing performance, sustainability, and efficiency for high-density computing environments. Submer Technologies S.

L. was founded in 2015 in Barcelona, Spain. The company focuses on developing advanced cooling technologies for data centers. Co-founded by Daniel Pope and Pol Soler, it has successfully completed 5 deals, with the most recent being a Series C round on December 19, 2024, in which it raised USD 55.

50 mn led by M&G Investments. The company has raised a total of USD 55. 50 mn to date, with a current valuation of USD 500. 00 mn.

Submer Technologies S. L. offers innovative liquid cooling solutions specifically designed for modern data centers. Their primary products, the SmartPod EVO and SmartPod EXO, support high-density computing environments, enhancing efficiency while minimizing environmental impact.

These solutions cater to B2B clients such as cloud service providers and enterprises focused on sustainability, reflecting a commitment to reduce water and energy usage. In the most recent year, 2022, Submer Technologies S. L. reported a revenue of USD 1,271,839 and an EBITDA of USD -7,480,066.

80. Revenue is generated through direct sales and partnerships related to their liquid cooling products, including both hardware and ongoing service agreements for maintenance and support. Submer Technologies S. L.

plans to utilize its recent funding of EUR 20 million raised in December 2024 from Banco Santander to further develop its product offerings and expand into new markets. This includes launching new products designed for enhanced cooling efficiency and targeting expansion into regions with growing demand for green technology solutions. The company's strategic growth initiatives will focus on leveraging innovative technologies to meet increasing market demands.