Why Invest in ZeroPoint: A Sustainable Future for Data Centers
Feb 6, 2023
The digital revolution has changed our world in countless ways, but it’s also come with a price: energy consumption. Data centers, which house the servers that power our online lives, consume vast amounts of energy to keep them running 24/7.
But what if we could have our cake and eat it too?
What if we could have all the benefits of the digital revolution without sacrificing the planet in the process?
That’s where ZeroPoint comes in.
ZeroPoint’s technology can drastically increase the energy efficiency of servers, delivering up to 50% more performance per watt by removing unnecessary information from the memory. This means that data centers can maximize performance and reduce energy consumption. A typical server memory contains up to 70% unnecessary information. ZeroPoint technology removes all that waste by combining ultra-fast data compression with real-time data compaction and transparent memory management. Integrating these three areas into one solution for maximizing performance per watt makes ZeroPoint unique.
And the numbers speak for themselves. According to the Global Data Center Energy Outlook, data centers consume an estimated 200 terawatt-hours of energy each year, which is equivalent to the energy consumption of the entire United Kingdom.
So why invest in ZeroPoint?
ZeroPoint Technologies’ vision is to enable high-performance servers that are environmentally friendly. Memory bottlenecks are a tremendous challenge for semiconductor developers, and we mitigate this challenge by doubling the main memory capacity and bandwidth. Systems with ZeroPoint technology are environmentally friendly and financially effective.
“We can deliver up to 50% more performance per watt by putting unused memory to work. And this is the single most important metric to high-performance servers.”, says ZeroPoint Technologies CEO Klas Moreau.
Climentum Capital has joined the existing owners in a EUR 3.2 million seed round, bringing with them their expertise in Article 9 reporting requirements. Through the investment process it became increasingly clear that ZeroPoint could have a huge, positive climate impact.
Besides Climentum, Nordic VC Industrifonden, Chalmers Ventures and existing shareholders have also joined the round. The new capital is going to be used to expand the company’s international presence, launch new products and help the company grow.
The need to reduce energy consumption per server has become more pressing with the likes of major data centers signing up for initiatives like RE100, which brings together businesses aiming to use 100% renewable electricity. This is where ZeroPoint can play a pivotal role, providing a solution for reducing energy consumption and making progress towards 100% renewable electricity usage.