UK-based startup NexGen Cloud raised $45m in Series A funding to enhance its AI infrastructure platform for European enterprises. Initially…
Funding
Tracking investments in the companies in the edge services ecosystem, along with trends and related developments. Includes funding from angel and seed rounds to debt instruments, stock offerings, and related financial news.
Saudi Aramco’s Wa’ed Ventures backs Ori to drive edge AI expansion in Middle East
Wa’ed Ventures, Saudi Aramco‘s $500 million venture capital arm, has invested in Ori to support its expansion in Saudi Arabia…
Lambda secures $480M to scale AI cloud amid rising demand for GPU infrastructure
Lambda, a GPU cloud provider, raised $480 million in Series D funding, bringing its total equity capital to $863 million. …
$500B Stargate initiative aims to revolutionize U.S. AI infrastructure and edge computing
The Stargate Project is a $500 billion initiative aimed at transforming AI infrastructure in the US over the next four…
Applied Digital secures $5B Macquarie deal to power 2 GW HPC data center expansion
Applied Digital, a provider of digital infrastructure and cloud services, has partnered with Macquarie Asset Management (MAM) for up to…
Spectro Cloud secures $75M series C to drive Kubernetes innovation at the edge
Spectro Cloud raised $75 million in a Series C funding round led by Goldman Sachs Alternatives to enhance Kubernetes management…
EU invests €865 million to expand 5G and edge computing by 2027
The EU Commission announced it is investing 865 million euros ($935M USD) in digital infrastructure to enhance connectivity for citizens…
Cologix raises $1.5B to expand AI-ready edge data centers across North America
Cologix, a network-neutral interconnection and hyperscale edge data center company, has secured $1.5 billion in capital through debt and equity…
AustralianSuper leads $2B DataBank equity raise, accelerating U.S. data center expansion
Edge colocation and managed cloud service provider DataBank announced a $2.0 billion equity raise, led by a $1.5 billion investment…
Avassa secures H&M Group as a strategic investor with new round of funding
Avassa, a Swedish edge application management platform, has secured new funding with H&M Group joining as a strategic investor along…
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