DataQube clinches €26m Series A investment from France
Cambridge startup DataQube Global – developer of the world’s first standalone edge data centre module – has secured €26 million Series A funding from France.
The capital injection has come from RGREEN INVEST, a leading French investment management company focused on financing green infrastructure and technology projects.
With more than €800m already invested in InfraGreen and renewable energy markets, this is the French company’s first foray into the data centre industry.
DataQube says it is a breakthrough standalone, 5G-ready edge date centre system that replicates centralised data centre capabilities at the edge of the networks in a robust, flexible unit that is scalable according to requirements.
DataQube’s person-free layout offers a significantly lower carbon footprint compared to traditional edge computing infrastructures because the energy transfer is dedicated solely to powering computers.
Feasibility studies have shown that DataQube slashes both power consumption and C02 emissions by 56 per cent due to its ability to support a greater IT load per sq m.
DataQube’s technology suite also features a range of cooling options, including next generation immersive cooling in its core internal infrastructure, that enables further consumption and emission savings.
The system’s efficient use of space combined with its optimised IT capacity reduces its physical footprint since less land, less power and fewer raw materials are needed from the outset, setting a new standard in the industry.
David Keegan, CEO of DataQube Global, said: “We are honoured to receive backing from an organisation that recognises the importance of green infrastructure and InfraGreen technologies.
“Our goal has always been to develop a sustainable solution to support the data centre industry in its drive to reduce C02 targets in line with CSR policies.
“Big tech firms may well be transitioning from fossil fuel to renewable energy sources but their overall energy consumption is still growing. This needs to be addressed.”