Submer's recent $55.5 million funding round, backed by M&G, aims to enhance its immersion cooling technology, addressing the soaring energy demands of datacenters.
In a 2023 report, the IT sector's energy usage could reach 460 TWh, equivalent to nearly 2% of global energy production, potentially doubling by 2026.
Submer’s focus on immersion cooling aims to alleviate the water usage stress from AI applications, projecting up to 6.6 billion cubic meters needed by 2027.
The company's innovative products, such as the SmartPod and MicroPod, support HPC and AI expansions while promoting a greener, more sustainable datacenter architecture.
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