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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Orange has unveiled the Orange Ventures MEA Seed Challenge to support entrepreneurs in Africa and the Middle East to launch and develop an enterprise working in new technologies.
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Orange Digital Ventures (ODV) has joined the investment fund for InterCloud bolstering its goal of becoming a leader in European cloud interconnection.
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The UK’s Nextgenaccess has agreed an exclusive 20-year concession for the deployment of full fibre infrastructure along the High Speed 1 (HS1) railway link.
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Norway’s National Communications Authority (Nkom) is set to announce a tender competition this month that will help to fund new subsea fibre cable projects.
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Hammer Fiber Optics has signed a definitive agreement with Peak One Opportunity Fund for a $10 million equity line of credit.
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Equinix has launched its hyperscale joint venture, in partnership with Singapore’s sovereign wealth fund GIC, which will develop and operate xScale data centres in Europe.
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Equinix has signed a joint venture deal initially worth over $1 billion with sovereign wealth fund GIC to develop and operate hyperscale data centres in Europe.
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EQT Partners has sold Swedish fibre infrastructure provider IP-Only from its mid-market funds to its infrastructure fund at an enterprise value of SEK 18.25 billion ($1.93bn).
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Scandinavian-based private equity group EQT has signed an agreement to acquire Maltese telecommunications operator Melita from Apax Partners and Fortino Capital.
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Aryaka has closed a $50 million Series F round of funding led by Goldman Sachs Private Capital Investing.
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NTT Global Data Centers (NTT GDC) has received a capital boost of 1.25 billion JPY ($11.2m) from four NTT companies.
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OneWeb has secured its largest fundraising round to date, which will enable the company to accelerate the development of “the first truly global communications network” by 2021.
