Congratulations to Liquid Cooling Coalition member Submer! This demonstrates the continued recognition of this industry's importance in the deployment of artificial intelligence.
We are so pleased to announce a successful growth round of $55.5 million USD thus far, led by M&G Investments, a leading investment company. ?? The race is on for better chips and #datacenter capacity to handle AI workloads. In this scenario, we must build a better approach to #datacentercooling. Here is where our #immersioncooling technology comes to bear. The funds will enable us to capitalize on new business opportunities, boost customer acquisition, and support clients in their growing infrastructure needs while complying with environmental regulations. "We are grateful for the strong interest from investors and are thrilled to partner with the ones who align with our sustainability values." Pol Valls, Founder & CFO of Submer. "As the global demand for AI and data capacity accelerates, we see Submer's technology as a critical solution to alleviate the intensive energy and water requirements of digital infrastructure." Niranjan Sirdeshpande, Global Head of Catalyst Investments at M&G. We extend our heartfelt thanks to M&G Investments, Planet First Partners, Norrsken VC and Mundi Ventures for their unwavering support in our mission to build #sustainabledatacenters and pave the way for a greener future. Thanks to TechCrunch for the article: https://lnkd.in/e3-pGavs To delve deeper into the details of the investment, we invite you to visit our website:?https://lnkd.in/eCxYR4QZ #submer #datacentersthatmakesense