SSubmer — Venture Debt · €20M
Submer, which builds immersion liquid-cooling systems for data centres, added a €20 million growth debt line arranged with Banco Santander (advised by BlueBull) and M&G Catalyst. The tranche completes a total €70M raise alongside the €50M Series C announced in September 2024 with M&G Catalyst and Planet First Partners, valuing the company at around €500M post-money.
LeadBanco Santander
RoundVenture Debt
Announced20 Dec 2024
CityBarcelona
SectorDeeptech & Hardware · Data centre infrastructure
Source
W
W
The company
Investors 2
BBanco Santander
www.santander.com
MM&G Catalyst