Submer has secured $55.5 million in funding to help make data centers more sustainable, led by M&G.
The company focuses on liquid immersion cooling technology. This investment will support their development of more sustainable, waterless data centers—a critical solution as energy and water consumption in data centers rises. Energy and water use is expected to double for data centers by 2028.
Submer is planning a global expansion, particularly in the U.S. and Asia-Pacific regions, while meeting the increasing demands for environmentally friendly infrastructure driven by AI and other advanced technologies.
