Planet First Partners led a $34m round in Submer.

Planet First Partners, a private equity firm, led a $34m round in Submer, a datacentre technology company, with participation from Norrsken VC and Alma Mundi Ventures. “Our mission at Submer has always been to offer best-in-class solutions to the data centre industry to help turn their impact on the environment into a positive. The time is now for the industry to make the necessary steps to reduce its environmental impact and ensure it can compete in a market where society and customers expect net-zero or even net-positive services. Thanks to this new investment, Submer is in a great position to grow the business and continue to invest in developing new technologies that truly change the industry," Daniel Pope, Submer Co-Founder and CEO.