Founded Year

2015

Stage

Debt | Alive

Total Raised

$122.22M

Valuation

$0000 

Last Raised

$20.81M | 1 yr ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+152 points in the past 30 days

About Submer

Submer specializes in cooling and automation for data centers. The company offers immersion cooling solutions designed to enhance data center operations while also aiming to reduce environmental impact through less water and power usage. Its products are utilized in sectors such as cloud computing, artificial intelligence, machine learning, blockchain, and high-performance computing. It was founded in 2015 and is based in Barcelona, Spain.

Headquarters Location

Carrer Roma, 14, Rubi L'Hospitalet de Llobregat

Barcelona, 08191,

Spain

+34 932 202 855

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ESPs containing Submer

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

The data center immersion cooling solutions market provides hardware, fluids, and turnkey systems that cool servers by submerging IT equipment in electrically non-conductive liquids. Offerings include single-phase immersion tanks, two-phase immersion systems, closed-chassis precision immersion, and the dielectric fluids, coolant distribution, and controls needed to deploy and operate these environ…

Submer named as Leader among 14 other companies, including Fujitsu, Alibaba Group, and AMAX.

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Research containing Submer

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Submer in 1 CB Insights research brief, most recently on Mar 21, 2025.

Expert Collections containing Submer

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Submer is included in 1 Expert Collection, including Grid and Utility.

G

Grid and Utility

2,383 items

Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.

Submer Patents

Submer has filed 5 patents.

The 3 most popular patent topics include:

  • robotics
  • autonomous cars
  • military robots
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/13/2019

12/26/2023

Fluid dynamics, Cooling technology, Heat exchangers, Aerodynamics, Computer hardware cooling

Grant

Application Date

3/13/2019

Grant Date

12/26/2023

Title

Related Topics

Fluid dynamics, Cooling technology, Heat exchangers, Aerodynamics, Computer hardware cooling

Status

Grant

Latest Submer News

CleanSpark expands into AI data center development with 270 acre acquisition outside Houston, Texas

Oct 30, 2025

This week, the Nasdaq-listed company announced it had acquired the rights to approximately 271 acres of land in Austin County, Texas, and executed long-term power supply agreements totaling 285MW to support the development of a data center campus to serve AI, cloud, and enterprise workloads. – CleanSpark The company paid for the site in cash and shares. Details on the site weren't shared, but CleanSpark said the property is on a regional fiber backbone and supported by grid infrastructure. The site is also in close proximity to several natural gas pipelines, which are being evaluated for industrial-scale behind-the-meter generation opportunities. CleanSpark intends to begin site design and development immediately, with energization of more than 200MW expected in the first half of 2027. "This acquisition marks a major milestone in CleanSpark's strategic business evolution," said Matt Schultz, CleanSpark CEO. "Securing power and land at this scale in one of the nation's most attractive markets positions us to meet the accelerating demand for AI compute while continuing to deliver long-term value for our shareholders. We continue to lead in Bitcoin mining, are actively reviewing AI conversion opportunities across our existing portfolio, and have now entered the Texas market with a site purpose-acquired for an AI campus." Describing itself as “America's Bitcoin Miner,” CleanSpark currently has around 33 Bitcoin mining sites in operation across Wyoming, Tennessee, Mississippi, and Georgia. The company has more than 1GW of capacity under contract and recently announced a pivot to HPC and AI data center development. Earlier this week, CleanSpark announced a partnership with immersion cooling provider Submer, a company that has made its own move into building data centers and launched its own cloud unit Get a weekly roundup of North America news, direct to your inbox. Email: Country: Select... United Kingdom United States of America Afghanistan Aland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia & Herzegovina Botswana Brazil Brunei Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Colombia Comoros Cook Islands Costa Rica Cote D'Ivoire Croatia Cuba Cyprus Czech Republic Democratic Republic of the Congo Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guinea Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Martinique Mauritius Mexico Micronesia Moldova Monaco Mongolia Morocco Mozambique Myanmar (Burma) Namibia Nepal Netherlands Netherlands Antilles New Zealand Nicaragua Nigeria Norway Oman Pakistan Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Romania Russia Rwanda Saint Helena Saint Lucia Saint Vincent and the Grenadines Samoa San Marino Saudi Arabia Senegal Serbia and Montenegro Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea Spain Sri Lanka Sudan Suriname Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Togo Trinidad and Tobago Tunisia Turkey Turkmenistan Uganda Ukraine United Arab Emirates Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Yemen Zambia Zimbabwe I have read and agree to the Terms and Conditions and Privacy Policy Yes, I agree Submit Thank you for your North American news subscription More in Construction & Site Selection DCD>Survey Report: Data center construction 29 Oct 2025 TeraWulf and Fluidstack to develop Texas data center in Google-backed deal Episode 2026 Trends and Outlooks: Data centers in Asia More in North America Power under pressure - Rethinking fault detection in the age of AI 20 Oct 2025 Vertical Semiconductor raises $11m for development of GaN transistors Episode 2026 Trends and Outlooks: Data centers in North America Comments Please log in or sign up to post and reply to comments.

Submer Frequently Asked Questions (FAQ)

  • When was Submer founded?

    Submer was founded in 2015.

  • Where is Submer's headquarters?

    Submer's headquarters is located at Carrer Roma, 14, Rubi, Barcelona.

  • What is Submer's latest funding round?

    Submer's latest funding round is Debt.

  • How much did Submer raise?

    Submer raised a total of $122.22M.

  • Who are the investors of Submer?

    Investors of Submer include Santander, Mundi Ventures, Planet First Partners, Norrsken VC, M&G Investments and 5 more.

  • Who are Submer's competitors?

    Competitors of Submer include UniSCool.

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Compare Submer to Competitors

Calyos Logo
Calyos

Calyos focuses on two-phase cooling technologies for thermal management in various industries. The company provides thermal management solutions including loop heat pipes, micro-channel heat pipes, and pulsating heat pipes, which are intended to dissipate heat from electronic components, batteries, and power electronics. Calyos' products serve sectors that need effective cooling systems, including e-mobility, computing, and renewable energy. It was founded in 2011 and is based in Charleroi, Belgium.

CoolIT Systems Logo
CoolIT Systems

CoolIT Systems provides liquid cooling solutions for high-performance computing, enterprise, and telecom sectors. The company offers products including direct liquid cooling systems, coolant distribution units, and coldplates that manage heat in data centers and computing environments. CoolIT Systems serves the artificial intelligence (AI), high-performance computing, and enterprise data center markets. It was founded in 2001 and is based in Calgary, Canada.

Iceotope Logo
Iceotope

Iceotope provides precision liquid cooling solutions for data centers, emphasizing sustainability and efficiency within the IT stack. Its offerings include cooling systems aimed at improving performance for AI workloads while reducing energy consumption, carbon emissions, and water usage. Iceotope serves sectors such as cloud service providers, telecommunications, enterprises, and original equipment manufacturers. It was founded in 2005 and is based in Sheffield, United Kingdom.

U
UniSCool

UniSCool provides liquid cooling solutions for advanced electronics within the technology sector. The company's offerings include cooling solutions designed to manage thermal challenges in data centers and other electronics that require thermal management. Its solutions aim to address the environmental impact of cooling systems in data centers, which account for a portion of global electricity demand. The company was founded in 2022 and is based in Lleida, Spain.

LiquidStack Logo
LiquidStack

LiquidStack specializes in liquid cooling technology for information technology hardware, telecommunications, and blockchain systems. The company provides liquid cooling solutions that aim to be efficient and environmentally sustainable, enabling the operation of hyperscale, colocation, enterprise, edge, and blockchain data centers. LiquidStack's product lineup includes direct-to-chip cooling distribution units (CDUs) and various modular cooling systems such as DataTank, EdgeTank, CryptoTank, MicroModular, and MacroModular systems. It was founded in 2012 and is based in Carrollton, Texas.

H
Hotta

Hotta specializes in energy efficiency solutions within the heating sector. The company offers smart heaters that recycle heat generated by servers to provide heating and hot water for homes and businesses. It primarily serves households and businesses seeking sustainable heating solutions. Hotta was formerly known as Therminer. It was founded in 2021 and is based in Soria, Spain.

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