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Submer Technologies
Energy · Rubí, Spain · Founded 2015
Immersion Cooling Solution for Data Centers MoreLess
Submer 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.
Company overview
Submer Technologies company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2015
- Headquarters
- Rubí, Spain
- Employees
- 154
- Open positions
- 62
- Dealroom signal
- 88.5
- Investment activity
- 1 companies · latest Feb 2026
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Submer Technologies funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Dec 2024 | $22M | — | Santander Group | ↗ |
| SERIES COther financing | Oct 2024 | $56M | $500M | Norrsken VC · Mundi Ventures · Planet First Partners · M&G | ↗ |
| SERIES BOther financing | Jan 2022 | $34M | $136M | Mundi Ventures · Planet First Partners · Norrsken VC | ↗ |
| SERIES AOther financing | May 2020 | $12M | $48M | Mundi Ventures · Andreas Mihalovits · Norrsken VC · Norrsken Foundation | ↗ |
| SEEDOther financing | Jul 2018 | $4.3M | $17M | Mundi Ventures | ↗ |
| GRANTOther financing | Mar 2018 | Undisclosed | — | ||
| GRANTOther financing | Nov 2017 | European Innovation Council | ↗ |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $165M | 0% | −$4.8M | -2.9% |
| 2025 | $165M | 0% | −$4.8M | -2.9% |
| 2024 | $165M | +2654% | −$4.8M | -2.9% |
| 2023 | $6M | +351.3% | −$4.8M | -80% |
| 2022 | $1.3M | -47.2% | −$4.8M | -361% |
| 2021 | $2.5M | +35% | −$4.8M | -190.5% |
| 2020 | $1.9M | — | −$2.4M | -126.1% |
Growth signals
Submer Technologies website traffic
Latest recorded traffic for Submer Technologies is 34K monthly website visits, up 25.9% over the last three months. Submer Technologies's team grew 6.2% over the past year.
Hiring
Open positions at Submer Technologies
Current openings linked to this company in Dealroom.
Comparisons
Submer Technologies compared with similar companies
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Capital deployed
Submer Technologies investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Submer Technologies's talent
Source: Dealroom Talent Intelligence.
Investors
8 investors on Submer Technologies's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Submer Technologies has talent and traffic
team presence
In the news
Latest news about Submer Technologies
Recent press, funding announcements, and product moves mentioning Submer Technologies — open to read from the original sources.
Market sentiment
What the market is saying about Submer Technologies
An AI-synthesized read of the highest-engagement posts about Submer Technologies on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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