DataQube secures US$29mn from French investor, RGREEN INVEST
DataQube Global, developer of the world’s first 5G-enabled standalone edge facility, has announced it has acquired US$29.4mn in a Series A funding round led by French investment management firm RGREEN INVEST. Having invested more than US$900mn in InfraGreen and renewable energy markets, this is the company’s first venture in the data centre industry.
Talking about the funding round, 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.”
DataQube said in a statement that its “optimal PUE advantages, together with its compact design, lightweight structure and sterile operational environment facilitate its easy deployment in a wide range of internal and external locations at the edge of the network where the installation of traditional infrastructures is neither feasible nor financially viable.”
DataQube’s “person-free” layout
Compared to traditional edge computing infrastructures, DataQube’s person-free layout offers a significantly lower carbon footprint because the energy transfer is dedicated solely to powering computers. According to the company, feasibility studies have shown that DataQube cuts down power consumption by as much as 56% and C02 emissions by 56% due to its ability to support a greater IT load per square metre.
DataQube also features a range of cooling options, including next-generation immersive cooling in its core internal infrastructure, that enable 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.
Image: DataQube
