Submer Technologies
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | 3.5m | 1.7m | 2.3m | 4.3m | 4.9m |
% growth | 4923 % | 14567 % | 466 % | (51 %) | 35 % | 87 % | 15 % |
EBITDA | <1m | (<1m) | (1.1m) | (2.1m) | (4.4m) | - | - |
% EBITDA margin | 142 % | (51 %) | (31 %) | (126 %) | (190 %) | - | - |
Profit | <1m | (<1m) | (<1m) | (1.9m) | (3.7m) | - | - |
% profit margin | 45 % | (40 %) | (27 %) | (114 %) | (160 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €1.3m | Grant | |
N/A | $1.9m | Grant | |
* | €3.9m | Seed | |
* | $12.0m | Series A | |
* | $34.0m | Series B | |
Total Funding | $53.7m |
Related Content
Recent News about Submer Technologies
EditSubmer is a pioneering company in the data center industry, specializing in advanced cooling solutions. The company offers a range of products designed to enhance the efficiency and sustainability of data centers. Their flagship products include the SmartPodX, SmartPodXL, and MicroPod, all of which utilize immersion cooling technology. This technology involves submerging electronic components in a special liquid coolant to dissipate heat more effectively than traditional air cooling methods.
Submer serves a diverse clientele, including telecommunications companies, government agencies, financial institutions, educational and research organizations, hyperscalers (large-scale data center operators), and colocation providers (companies that offer shared data center space). The company operates in the global data center market, which is experiencing rapid growth due to increasing demand for cloud computing, AI and machine learning, blockchain, edge computing, and high-performance computing.
The business model of Submer revolves around selling its immersion cooling products and solutions to data center operators. They also offer related services such as installation, maintenance, and training through the Submer Academy. By providing these comprehensive solutions, Submer helps its clients reduce energy consumption, lower operational costs, and improve the overall sustainability of their data centers.
Submer generates revenue primarily through the sale of its immersion cooling systems and associated services. The company also collaborates with various partners and resellers worldwide to expand its market reach. Showrooms and demonstration centers in locations like the United States, United Kingdom, Spain, and the United Arab Emirates allow potential clients to experience their technology firsthand.
Keywords: Immersion Cooling, Data Centers, Efficiency, Sustainability, SmartPodX, SmartPodXL, MicroPod, Cloud Computing, AI, High-Performance Computing.