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DataQube | DataQube secures €26 million from French funding administration firm, RGREEN INVEST

This funding shall be leveraged to speed up the commercialisation of the world’s most vitality environment friendly and optimized modular edge information centre, chopping down consumption and CO2 emissions by greater than half

DataQube Global Ltd, developer of the world’s first standalone edge information centre module, has acquired a €26 million Series A funding from RGREEN INVEST, a number one French funding administration firm centered on financing inexperienced infrastructure and expertise tasks. With greater than €800M already invested in InfraGreen and renewable vitality markets, that is the corporate’s first enterprise within the information centre trade.

David Keregan CEO DataQube

David Keregan CEO DataQube

DataQube’s person-free format presents a considerably decrease carbon footprint in comparison with conventional edge computing infrastructures as a result of the vitality switch is devoted solely to powering computer systems. Indeed, feasibility research have proven that DataQube cuts down energy consumption by as a lot as 56% and C02 emissions by 56% on account of its capability to assist a higher IT load per sqm. DataQube additionally encompasses a vary of cooling choices, together with subsequent technology immersive cooling in its core inside infrastructure, that allow additional consumption and emission financial savings. The system’s environment friendly use of house mixed with its optimized IT capability reduces its bodily footprint since much less land, much less energy and fewer uncooked supplies are wanted from the outset, setting a brand new customary within the trade.

“We are honoured to receive backing from an organisation that recognises the importance of green infrastructure and InfraGreen technologies,” says David Keegan, CEO of DataQube Global. “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’s optimum PUE benefits, along with its compact design, light-weight construction and sterile operational setting facilitate its straightforward deployment in a variety of inside and exterior areas on the fringe of the community the place the set up of conventional infrastructures is neither possible nor financially viable.

About DataQube
Founded by a syndicate of trade specialists, DataQube has developed an modern and scalable edge information centre system that may be deployed internally or externally inside a six-month timeframe and for 50% much less value than typical methods. DataQube is the right infrastructure reply to the rising demand for native edge information centres.

ABOUT RGREEN INVEST
Founded in 2013, RGREEN INVEST is an unbiased French funding administration firm, and “entreprise à mission” with a confirmed observe report investing and financing the vitality transition and adaptation to local weather change. Among the primary gamers to supply an entire vary of tailored monetary options, RGREEN INVEST serves the vitality transition in Europe with entrepreneurial ardour. With greater than thirty skilled professionals, whose experience span fund administration, funding banking, asset-management, and renewable vitality, RGREEN INVEST boasts one of many largest groups of specialists in financing vitality transition-related infrastructure tasks in France. Extremely conscious of local weather points, the corporate enshrines sturdy ESG rules into its funding standards, enabling institutional buyers to participate within the vitality transition whereas sharing the monetary positive factors. With over 1.three billion euros beneath administration, RGREEN INVEST contributes to the financing of tasks in Europe equal to a complete put in capability of greater than 2.6 GW** up to now, thus avoiding practically 550,000 tons of CO2 emissions in 2020*.

ALL RGREEN INVEST INVESTMENT STRATEGIES ARE OPEN ONLY TO PROFESSIONAL INVESTORS

*Source: RGREEN INVEST. GW stands for gigawatt of put in capability of financed crops, with the assist of different financing sources.
**Source: RGREEN INVEST. Estimates based mostly on an inside calculation methodology. Note that the quantity of prevented emissions attributable to a renewable vitality mission financed by RGREEN INVEST relies upon considerably on the emission issue of the nation wherein the mission is situated. Where renewables exchange fossil gasoline capability, notably coal-fired energy crops, the emissions prevented shall be important. Avoided emissions additionally depend upon the renewable applied sciences deployed. This parameter explains why the prevented emissions of wind energy are extra vital than these of solar energy, although the proportion of those two applied sciences is comparable within the RGREEN INVEST portfolio.

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