About Submer
Submer is a company based in Barcelona (Spain) founded in 2015 by Daniel Pope and Pol Valls Soler. Submer has raised $113.5 million across 8 funding rounds from investors including Santander, M&G and European Union. Submer has completed 1 acquisition, including Radian Arc. Submer offers products and services including SmartPod EVO, SmartPod EXO, MicroPod, and Immersion Fluids. Submer operates in a competitive market with competitors including Danfoss, Johnson Controls, Sidewalk Labs, TAS and Greenely, among others.
- Headquarter Barcelona, Spain
- Founders Daniel Pope, Pol Valls Soler
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Sectors
Business ServicesEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Submer, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$113.5 M (USD)
in 8 rounds
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Latest Funding Round
$20.93 M (USD), Debt – Conventional
Dec 19, 2024
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Investors
Santander
& 7 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Submer
Submer offers a comprehensive portfolio of products and services, including SmartPod EVO, SmartPod EXO, MicroPod, and Immersion Fluids.
Compact plug-and-play solution for scalable data center cooling
Advanced system for high-density and reliable workloads
Small-scale unit for efficient cooling applications
Non-toxic fluids for effective heat transfer in systems
People of Submer
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Funding Insights of Submer
Submer has successfully raised a total of $113.5M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20.93 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Submer
Submer has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Santander, M&G and European Union.
| Investor | Description | Founded Year | Domain | Location |
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Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
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Venture capital fund focused on healthcare, energy, and multiple sectors
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Impact investments are made in startups addressing global challenges.
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Investor details for Submer
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Investments & Acquisitions by Submer
Submer has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Radian Arc.
Investment portfolio details for Submer
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Storage and networking infrastructure is operated in telecommunication services.
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Locked | Locked | 2020 | Locked |
Complete acquisition details for Submer
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Financial Statements - Submer
Detailed financials for Submer
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Submer Comparisons
Peer comparison for Submer
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Competitors of Submer
Submer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Danfoss, Johnson Controls, Sidewalk Labs, TAS and Greenely, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of energy efficiency products
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Automotive batteries and HVAC equipment are manufactured and supplied globally.
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Building energy and transportation management solutions are provided.
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TAS is recognized for providing innovative modular construction solutions.
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Provider of the mobile application for household energy consumption monitoring
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Detailed competitors of Submer
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Latest news on Submer
Complete news archive for Submer
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Frequently Asked Questions about Submer
Submer was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Submer is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Patrick Smets is the current CEO of Submer.
Submer is a funded company, having raised a total of $113.5M across 8 funding rounds to date.
Submer was founded in 2015 in Barcelona, Spain, as a provider of immersion technology-based cooling solutions for data center operations. Systems are designed to support efficiency in sectors such as gaming, government, telecommunications, banking, fintech, education, and research. Operations focus on sustainable cooling methods tailored to high-performance computing needs across various industries.
Submer's top competitors include Danfoss, Johnson Controls and TAS.
Submer offers SmartPod EVO, SmartPod EXO, MicroPod, and Immersion Fluids.
Submer has made 1 acquisition, including Radian Arc.
Submer has 8 investors. Key investors include Santander, M&G, European Union, Planet First Partners, and Norrsken VC.