funding
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Capacity’s Ben Wodecki explores whether the AI startup spending surge can be sustained -
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.
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The Iliad Group has put in place three new financing facilities, representing an aggregate €5 billion with 23 leading international banks.
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Netomnia and YouFibre have secured £295 million in new funding led by DigitalBridge Investment Management.
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Cohere Technologies has closed its Series D funding round with a US$46 million raise as it brings an enhanced version of its Universal Spectrum Multiplier (USM) to the market.
Forthcoming events
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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).
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The Trans Europe Asia System (TEAS), a Europe to India data transport infrastructure project, has reached a new milestone following a collaboration between Stonecourt Capital and Cinturion Corp Ltd.
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The tech giants have been a partner in India’s digitization journey since 2004, with the opening of its first offices in Hyderabad and Bangalore.
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Saudi Arabia's multi-million investment fund is reportedly building a stake in BT Group.
