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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…

 

Premio adds new edge AI processor to its portfolio for industrial computers

Rugged edge and embedded computing tech provider Premio Inc. has announced its new Hailo-8 AI accelerator modules for its line…

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