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.
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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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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.
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Singapore-based Campana Group has announced a US$40 million Series B equity financing round, co-led by Tokyo based Mitsui & Co, and Myanmar businessman U Thein Htwe.
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SMS and A2P messaging service provider Anam Technologies has secured around €350,000 in investment taking its total recent funding to around €2.3 million, as it looks to invest in further research and develop and continue a global expansion,