Armada secures over $55 million to tackle global digital inequality
Edge computing provider Armada emerges from stealth mode with a capital raise of over $55 million. Led by Founders Fund,…
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.
Actility raises €16 million to support accelerating growth in the IoT market
Industrial IoT connectivity solutions provider Actility has secured a funding round of €16 million (roughly $17.2 million). The company says…
Expanso secures $7.5 million to disrupt distributed data processing market
Enterprise data management startup Expanso has secured $7.5 million in seed funding. General Catalyst, Hetz Ventures and Array Ventures led…
Cthings.co secures roughly $5 million in funding round to drive global expansion
Cthings.co, an end-to-end 5G edge solution provider, has closed a Series A investment round, raising PLN 20 million (roughly $5…
Pulsant’s Manchester’s data center gears up for expansion with £4.5 million investment
Pulsant, a UK data center and edge infrastructure provider, recently announced a £4.5 million (roughly $5.6 million) investment in its…
Ericsson to develop smarter cloud and edge applications with $32 M funding
Ericsson has been granted funding from Germany’s Economic Affairs and Climate Action Ministry for its €30 million (roughly $32 million)…
Cloneable launches new AI platform to make contextual decisions at the edge
Cloneable, an AI platform provider to optimize business processes, has secured $750,000 in pre-seed funding from First In. The company…
Startup Captur raises £2.2M to expand its AI offerings
Enterprise AI image verification startup Captur has secured £2.2 million in its latest funding round, bringing its total fundraised to…
$10 M grant boosts Georgia State’s research in edge computing, AI and robotics
Jonathan Shihao Ji, a computer science professor at Georgia State University, has been awarded a $10 million grant from the…
Pulsant pumps £3 million in platformEDGE platform at its Rotherham data center
Edge infrastructure provider Pulsant has expanded its Rotherham data center capacity by 116% to 380kW, with an additional £3 million…
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