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Press Release -- February 20th, 2024
Source: maincubes

maincubes Significantly Grows Business in 2023

Strong Demand Fueled by Innovation, Drives International Expansion

FRANKFURT – February 20, 2024 –maincubes, a European data center owner and operator offering colocation solutions for cloud service providers, the public sector, global enterprises, and hyperscalers looks back at its significant business growth in 2023.  New funding and additional data center space were announced with a 60 percent increase in new staff to support this significant growth.

“With consistent growth throughout 2023, maincubes paved the road for innovation in 2024,” said Oliver Menzel, CEO of maincubes. “This year, we will address the significant growth in AI/ML providing companies the capacity, cooling and density needed to sustainably operate. Our innovation around this need will drive deeper offerings from maincubes throughout the year.”

Maincubes’ key success milestones to date include:

  • €1.035 billion finance facility to expand its data center portfolio with the construction of three new state-of-the-art facilities in Berlin and Frankfurt.
    • Its newest BER01 data center build-to-suit data center is under construction, with Informationstechnikzentrum Bund (ITZBund), the central IT service provider for the German Federal Administration as its t
    • Appointing Arne Weber as Chief Financial Officer strengthening its leadership team and gearing up for the next stage of growth
    • Adding Zahl Limbuwala as Executive Chairman of maincubes Advisory Board further strengthening its market position and establishing maincubes as a leading platform for data center services in Europe
    • Digital Transformation Capital Partners becoming maincubes majority shareholder accelerating maincubes planned expansion efforts with robust support
    • FRA03 Frankfurt data center made available with 16MW of power
    • maincubes launched its strict sustainability plan with Eco-Management and Audit Scheme (EMAS)  and ESG certifications with its first sustainability report

“Our team’s drive and dedication to our clients were critical to our growth and success in 2023.  Last year’s funding and expansion efforts validate our commitment to client-driven innovation,” added Menzel. “We’ve already kicked off 2024 with our FRA04 Frankfurt expansion with available power – reinforcing Germany as a great place for data center support.  Whatever the deployment size, whether it is for large-scale hyperscale to support AI/ML or smaller ones for enterprises, maincubes is built to handle it.”


About maincubes:

As a European provider, maincubes develops and operates data centers in the leading regions of Frankfurt, Berlin, and Amsterdam. Its data centers offer its customers the highest level of security, certified sustainability, current quality standards, and flexible solutions for individual customer requirements. With state-of-the-art technology deployed in its data centers, maincubes guarantees uninterrupted availability of its customers’ IT infrastructure. maincubes’ clients include the public sector, national and international blue-chip companies, as well as international cloud service providers who prioritize sustainable, fail-safe, and high-performance digital infrastructure. Founded in 2012, maincubes is headquartered in Frankfurt am Main.

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