The data center industry is at the forefront of international conversation from AI to sustainability. As the powerhouses of the digital world, data centers must transform like never before. According to market growth, global IT spending will reach US$5.61tn in 2025, with data center systems experiencing development of 23.2% to reach US$405.5bn. With the market growing so fast, there is room for new data center organizations &operators to enter the industry & show cutting-edge ways to power & secure our data.
- Data Castle
As a joint problem between specialist colocation & hyperscale developer DCD Data Center Developers & Angelo Gordon (TPG), a global investment company from the US, DATA CASTLE was co-founded in 2022 by Dr. Christopher Stief. In the years since, it has seen significant growth much like the industry around it.
Since its inception, DATA CASTLE has established itself as a leading developer of green data center operations in Germany and envisions seeing that sentiment through as it continues to expand. As Dr Stief, who is also DATA CASTLE’s CEO, proves, the company takes ESG most seriously & is a contender when it comes to reusing its waste heat.
2. Prometheus Hyperscale
Founded: 2024 (launch)
Headquarters: US
CEO: Trenton Thornock
Prometheus Hyperscale data centers are discovered to meet the requirements of today, whilst also depending on the foundation for the needs of tomorrow. The company is ready to create a new kind of data center that harnesses the latest in liquid cooling technologies and operates on 100% clean energy.
Its projects are planned and designed to use clean energy resources & creative 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 center in Evanston, Wyoming, worth US$10bn.
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 networks, the executives who have built Foundation Data Centers have been actively shaping Internet services since 1992. Foundation Data Centers is its eighth risk in this evolving industry and it was built on a foundation of innovation, transparency, simplicity, & core expertise.
The organization holds a range of high-density developments across the US that utilize existing utility power and ‘behind the meter’ generation (BTM). Likewise, it is soon to run a data center campus powered by renewable energy that can handle 300-500MW and deliver ultra-low latency to Mexico and McAllen, Texas.
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 center development platform focused on customized 500MW+ campuses. It enters the market with a specific focus on mega-scale campuses with a prioritized 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 data infrastructure and believe they are uniquely capable of up-leveling data center development scale and operations in the face of rising demand.
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 centers. Currently, the organization is developing ultra-high-speed SerDes and Optical Transceiver chipsets using the latest Silicon and Si-Photonics technologies.
Founded by semiconductor industry veterans, InfiniLink gives a range of expertise in SerDes, optical interface, & RF, as well as a section of Analog & Mixed-signal domains from concept to production.
6. GreenSquareDC
Founded: 2020
Headquarters: Australia
CEO: Walt Coulston
GreenSquareDC gives highly sustainable, affordable, and easier hyperscale & GPUaaS Data Centre cloud solutions for customers driving innovation with new technologies. It does this whilst also tackling climate change & meeting corporate responsibility needs.
The company provides innovative, sustainable, & dynamic new-age hyperscale data center solutions for eco-friendly conscious international & regional customers. By reducing the energy, water, & space needed to power its data centers, GreenSquareDC’s advanced hybrid cooling technology gives businesses a complete edge to growing durability.
7. Phanofi
Founded: 2022
Headquarters: Denmark
CEO: Hitesh Kumar Sahoo
Phanofi develops energy-efficient, high-speed intra-data center interconnects, or data transceivers, for seamless intra-data center communication.
These receivers are used to support high-performance computing, whilst making technology accessible by reducing the need for expensive digital signal processing & high-precision analog-to-digital converters.
Founded by Hitesh Kumar Sahoo & Dagmawi Alemayehu Bekele in the fall of 2022, Phanofi received an ERC Proof of Concept Grant, funding from Spin-outs Denmark & Innovation Fund Denmark, & won the hardware pitch competition at the TechBBQ 2023 event.
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 center sector shifts to focus more on energy-efficient technologies.
The company provides sustainable energy and immersion cooling computing technology to optimize, balance, and recover wasted energy. Its flagship product, the GREENBOX, is a modular immersion-cooled data center 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.
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 centers, the expansion of existing data centers, and 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 virtualization layer. With the belief that data centers should be more efficient and intelligent, the company is aiming to provide new-generation data centers with more energy-efficient and fiber-ready data infrastructure.
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 centers with smaller facilities located at the network edge.
Its purpose-built, Tier III data centers 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 organizations of all kinds supported by rapid, industry-leading technical services.
Mike Carlin, Founder, of 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.”
Conclusion
The Top 10 growing data center companies to watch in 2025 are driving innovation in the industry with cutting-edge technologies like AI, sustainability, & edge computing. These companies are designed to shape the future of data infrastructure, offering scalable, secure, and easy solutions to meet growing demands.
