# Submer funding: rounds and investors

> Submer has raised $76M across 2 rounds since 2024. Investors include Norrsken VC, Alma Mundi Ventures and M&G Investments. Every round with its source.

Source: https://millionrounds.com/company/submer (Millionrounds; every figure on the page links to its filing or article)

Spain · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Submer*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics Cleantech Climate Tech Cloud

Funding summary Updated 26 Oct 2026

**$76M** raised across 2 rounds since 2024, from 2 sources

**$56M** Series C **$21M** Debt

- **Latest round:** Debt, $21M Dec 2024
- **Biggest round:** $56M Series C · Oct 2024
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$56M** Series C

**$21M** Debt

- **First round:** Series C, $56M
- **Biggest round:** $56M
- **Between rounds:** 2 months

## The rounds

- **Dec 2024** Debt **$21M** *2 new* *2 returning* [Santander](https://millionrounds.com/fund/santander) [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) [Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) [Big Sur Ventures](https://millionrounds.com/fund/big-sur-ventures) Source recorded
- **Oct 2024** Series C **$56M** *4 new* [M&G Investments](https://millionrounds.com/fund/m-and-g-investments) Lead [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) [Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) [Planet First Partners](https://millionrounds.com/fund/planet-first-partners) Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series C** 2024 **Debt** 2024 [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) [Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) [M&G Investments](https://millionrounds.com/fund/m-and-g-investments) L [Santander](https://millionrounds.com/fund/santander) [Big Sur Ventures](https://millionrounds.com/fund/big-sur-ventures) [Planet First Partners](https://millionrounds.com/fund/planet-first-partners)

## Everyone who backed them

[Norrsken VC](https://millionrounds.com/fund/norrsken-vc) Accelerator **2** rounds

[Alma Mundi Ventures](https://millionrounds.com/fund/alma-mundi-ventures) VC firm **2** rounds

[M&G Investments](https://millionrounds.com/fund/m-and-g-investments) Private equity **1** round, led 1

[Santander](https://millionrounds.com/fund/santander) VC firm **1** round

[Big Sur Ventures](https://millionrounds.com/fund/big-sur-ventures) VC firm **1** round

[Planet First Partners](https://millionrounds.com/fund/planet-first-partners) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=submer).

## Quick answers about Submer

### Who invested in Submer?

Submer's investors include Norrsken VC, Alma Mundi Ventures, M&G Investments, Santander and Big Sur Ventures, and 1 more on record.

### How much has Submer raised?

Submer has raised $76M across 2 rounds since 2024.

### When did Submer last raise?

Submer's most recent round was a Debt of $21M in Dec 2024.

### What was Submer's biggest round?

Submer's largest round on record is $56M (Series C), in Oct 2024, led by M&G Investments.

### Who backed Submer first?

Submer's first round on record, in Oct 2024, was backed by M&G Investments, Norrsken VC and Alma Mundi Ventures and 1 others.

### What stage is Submer at?

Submer's latest named round is a Debt, in Dec 2024.

### Where is Submer based?

Submer is based in Spain.

### Who led Submer's rounds?

M&G Investments led the Series C in 2024.

## Companies like Submer

In the same sector, and raised in the last eighteen months.

[**Nearby Computing** $8.4M · Sept 2026](https://millionrounds.com/company/nearby-computing)[**HVR Energy** $23M · Sept 2026](https://millionrounds.com/company/hvr-energy)[**Multiverse Computing** $785M · Jul 2026](https://millionrounds.com/company/multiverse-computing)[**X1 Wind** $9.6M · Jul 2026](https://millionrounds.com/company/x1-wind)[**Kaleidos** $2.2M · Jul 2026](https://millionrounds.com/company/kaleidos)[**XFuel** $41M · May 2026](https://millionrounds.com/company/xfuel)

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