funding
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A routine hearing to evaluate Arielle Roth, Trump’s nominee for Assistant Secretary of Commerce for Communications and Information, turned into yet another debate over Elon Musk’s ties to the US government, with lawmakers pressing Roth to ensure BEAD funds wouldn't benefit the billionaire. -
Quantum Industries, an Austrian firm developing quantum secure communications technologies, has secured $10 million in seed funding.
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Private equity firm Novacap has launched a new fund to invest more than $1 billion in digital infrastructure projects across North America.
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Capacity’s Ben Wodecki explores whether the AI startup spending surge can be sustained
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EdgeConneX has secured an additional US$1.9 billion in sustainability-linked financing to support its EMEA digital infrastructure expansion.
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Oxford Ionics, which is developing proprietary electronics for quantum computing, has raised £30 million in Series A funding.
Forthcoming events
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EkkoSense says it has received a “seven-figure” private equity cash injection to help take its data centre cooling and energy management system global.
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Emirati telco du has secured long-term financing worth more than US$1 billion (AED 3.769 billion).
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Section, the edge as-a-service provider, has closed a $12 million series B funding round to help increase the reach of its data network services.
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Liquid Telecom has completed one of the largest dollar bond sales by an African telecoms company, raising US$840 million.
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Vantage Data Centers doubled its size in terms of markets served, and increased IT capacity by more than 90% in 2020.
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Sitetracker has raised US$42 million in its series C funding round, taking its total raise to $92 million.
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On-device edge AI developer Kneron, has secured additional strategic funding from Taipei-based electronics manufacturer Foxconn, and semiconductor producer, Winbond.
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French cloud communications provider, Ringover, has raised €10 million in its series A funding round from a single investor, Expedition Growth Capital.
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The Orange Digital Ventures portfolio has been folded into Orange Ventures as the latter was confirmed as a legally independent entity with a multi-million Euro budget.
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The first space-based network to connect directly to 4G and 5G smartphones has received a multi-million-dollar funding boost for the first phase of its commercial launch.
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US-based start-up EdgeQ Inc has reached the US$51million funding milestone, paving the way for it to converge 5G connectivity and AI compute onto a “system-on-a-chip”.
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NS1 has gained US$40 million in funding and a new board member, following its Series D venture round led by Energy Impact Partners (EIP).
