Submer secured €3.9M from Alma Mundi Ventures

Submer, a Barcelona, Spain-based developer of innovative cooling technologies for data centers, secured €3.9M ($4.6M) in capital investment.

The money was raised from investors including Mundi Ventures.

Submer, founded in 2015 by CEO Daniel Pope and Pol Valls, developed technologies helping make operating and constructing datacenters more sustainable and efficient. The company provides a revolutionary computing liquid immersion cooling solution for data centers that saves up to 99% of cooling costs.