Top 10: Emerging Data Centre Companies

From AI to sustainability, the data centre industry is at the forefront of international conversation.
As the powerhouses of the digital world, data centres are having to transform like never before. According to Gartner, global IT spending will reach US$5.61tn in 2025, with data centre systems experiencing growth of 23.2% to reach US$405.5bn.
With the market growing so significantly, there is room for new data centre companies and operators to enter the industry and demonstrate cutting-edge ways to power and protect our data.
With this in mind, Data Centre Magazine spotlights some of the world’s fastest-emerging data centre companies starting to make their mark in the sector.
10. Latos Data Centres
Founded: 2021
Headquarters: UK
CEO: Mike Carlin (Founder)
Latos aims to unlock the potential of advanced computing technologies by combining hyperscale data centres with smaller facilities located at the network edge.
Its purpose-built, Tier III data centres harness renewable energy to power projects of any scale. From edge to hyperscale operations, the company engineers dedicated and tailor-made data solutions that power organisations of all kinds supported by rapid, industry-leading technical services.
Mike Carlin, Founder, Latos, shares: “We’re committed to providing our clients with the exemplary infrastructure and world-class support needed to bring incredible, data-rich experiences to life for their customers.”
9. ReadyPod Technologies
Founded: 2019
Headquarters: India
CEO: Chandra Vadrevu
ReadyPod Technologies manufactures world-leading aisle smart containment pods for edge computing, micro modular data centres, the expansion of existing data centers, a plug and play fully integrated solution with built-in cabinets, power, cooling, monitoring and security systems.
First established in 2019, Readypods initially provided openstack based cloud infrastructure solutions, architecting and designing applications over the virtualisation layer. With the belief that data centres should be more efficient and intelligent, the company is aiming to provide new generation data centres with more energy efficient and fibre-ready infrastructure.
8. GREENTECH Technologies
Founded: 2008
Headquarters: The Netherlands
CEO: Jean-Yves Berthon
Although not a new company, GREENTECH has been doing plenty in the way of innovation in recent months, particularly as the data centre sector shifts to focus more on energy efficient technologies.
The company provides sustainable energy and immersion cooling computing technology to optimise, balance and recover wasted energy. Its flagship product, the GREENBOX, is a modular immersion-cooled data centre that includes its proprietary heat recovery and load balancing technology allowing it to remain 100% carbon-free, achieve a record-breaking PUE of 1.02, and stay completely noiseless.
7. Phanofi
Founded: 2022
Headquarters: Denmark
CEO: Hitesh Kumar Sahoo
Phanofi develops energy-efficient, high-speed intra-data centre interconnects, or data transceivers, for seamless intra-data centre communication.
These transceivers are designed to support high-performance computing (HPC), whilst making technology accessible by eliminating the need for costly digital signal processing and high-precision analog-to-digital converters.
Founded by Hitesh Kumar Sahoo and Dagmawi Alemayehu Bekele in the fall of 2022, Phanofi received an ERC Proof of Concept Grant, funding from Spin-outs Denmark and Innovation Fund Denmark, and won the hardware pitch competition at the TechBBQ 2023 event.
6. GreenSquareDC
Founded: 2020
Headquarters: Australia
CEO: Walt Coulston
GreenSquareDC provides highly sustainable, affordable and scalable hyperscale and GPUaaS Data Centre cloud solutions for customers driving innovation with new technologies. It does this whilst also tackling climate change and meeting corporate responsibility needs.
The company offers innovative, sustainable and adaptive new age hyperscale data centre solutions for environmentally-friendly conscious global and regional customers. By reducing the energy, water and space needed to power its data centres, GreenSquareDC’s advanced hybrid cooling technology offers businesses a competitive edge to improve sustainability.
5. InfiniLink
Founded: 2022
Headquarters: Egypt
CEO: Ahmed F. Aboul-Ella
InfiniLink is a semiconductor startup that is focused on building chips that enable greater high-speed connectivity for AI-led data centres. Currently, the organisation is developing ultra-high-speed SerDes and Optical Transceiver chiplets using the latest Silicon and Si-Photonics technologies.
Founded by semiconductor industry veterans, InfiniLink offers a range of expertise in SerDes, optical transceivers, RF, as well as a variety of Analog/Mixed-signal domains from concept to production.
4. Fleet Data Centers
Founded: 2025
Headquarters: US
CEO: Grant von Rooyen (Executive Chairman)
At the start of the year, Tract Capital introduced Fleet Data Centers, a new mega-scale data centre development platform focused on customised 500MW+ campuses. It enters the market with a specific focus on mega-scale campuses with a prioritised target of single-user campuses.
The Fleet Data Center team consists of industry veterans who have already made a lasting imprint on the evolution of global digital infrastructure and believe they are uniquely capable of upleveling data center development scale and operations in the face of rising demand.
3. Foundation Data Centers
Founded: 1991 (FDC is the company’s eighth venture)
Headquarters: US
CEO: Arman Khalili
With more than 30 years of experience working in Internet infrastructure, the executives who have built Foundation Data Centers have been actively shaping Internet services since 1992. Foundation Data Centers (FDC) is its eighth venture into this evolving industry and it was built on a foundation of innovation, transparency, simplicity and core expertise.
The organisation holds a range of high-density developments across the US that utilise existing utility power and ‘behind the meter’ generation (BTM). Likewise, it is soon to run a data centre campus powered by renewable energy that can handle 300-500MW and deliver ultra-low latency to Mexico and McAllen, Texas.
2. Prometheus Hyperscale
Founded: 2024 (launch)
Headquarters: US
CEO: Trenton Thornock
Prometheus Hyperscale data centres are designed to meet the needs of today, whilst also laying the foundation for the needs of tomorrow. The company is eager to pioneer a new kind of data centre that harnesses the latest in liquid cooling technologies and operates on 100% clean energy.
Its projects are strategically designed to leverage clean energy resources and innovative technology to set a new industry standard.
In November 2024, the company announced it would be appointing ex-bp chief Bernard Looney as chair to support the company’s plans to build a sustainable 1GW data centre in Evanston, Wyoming, worth US$10bn.
1. Data Castle
As a joint venture between specialist colocation and hyperscale developer DCD Data Center Developers and Angelo Gordon (TPG), a global investment company from the US, DATA CASTLE was co-founded in 2022 by Dr Christopher Stief. In the year since, it has seen tremendous growth much like the industry around it.
Since its inception, DATA CASTLE has established itself as a leading developer of green data centre operations in Germany, and envisions seeing that sentiment through as it continues to expand. As Dr Stief, who is also DATA CASTLE’s CEO, attests, the company takes ESG incredibly seriously and is a frontrunner when it comes to reusing its waste heat.
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