UK-based DataQube secures €26M from French investment management company RGreen Invest

Cambridge-based DataQube, a developer of the world’s first standalone edge data centre module, announced that it has raised €26M in its Series A round of funding.

The company has developed a scalable edge data centre system that can be deployed internally or externally within a six-month timeframe and for 50 per cent less cost than conventional systems.

The investor

The investment came from French investment management company RGreen Invest, which is focused on financing green infrastructure and technology projects. With more than €800M already invested in InfraGreen and renewable energy markets, this is the company’s first venture in the data centre industry.

David Keegan, CEO of DataQube, says, “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 CO2 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.”

A solution to enable true edge compute and communications

DataQube Global claims it is poised to change the face of the edge computing landscape. Founded in 2020 by a syndicate of industry experts who recognise the impact 5G, IoT, and AI will have on data analysis and storage methods, the company has developed a novel edge data centre system to meet market demand.

DataQube claims to provide a breakthrough solution that delivers high performance compute (HPC) at the edge of the network in a robust, standalone unit that is scalable and customisable according to requirements. Its compact design, lightweight material, and person-free layout makes deployment possible in all internal or external locations across all industries.

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. 

Studies have shown that DataQube cuts down power consumption by as much as 56 per cent and C02 emissions by 56 per cent due to its ability to support a greater IT load per sqm.

The company also features 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 and optimised IT capacity reduces its physical footprint since less land, less power, and fewer raw materials are needed from the outset.

DataQube’s 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.