Submer Secures €50.3M in Funding for Sustainable AI Facilities

Thursday, 3 October 2024, 00:30

Submer has successfully raised €50.3M in a growth round aimed at building greener AI factories and data centres. The Barcelona-based company focuses on immersion cooling technology that promises to enhance efficiency while reducing environmental impact. This funding round marks a significant step towards revolutionizing energy consumption in tech infrastructure.
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Submer Secures €50.3M in Funding for Sustainable AI Facilities

Funding for Greener AI Solutions

Submer, a Barcelona-based immersion cooling firm, has raised €50.3M to enhance energy-efficient practices in AI factories and data centres. This funding demonstrates a growing trend towards sustainability in the tech industry.

What This Means for the Industry

With an emphasis on environmentally friendly solutions, Submer's innovative cooling technologies are set to play a crucial role in reducing energy consumption.

  • Investment in green infrastructure
  • Focus on energy efficiency
  • Impact on AI development

The amount raised signifies a strong belief in the potential of sustainable tech innovations.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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