BrainChip raised $25 million to fast track development and commercialization of its neuromorphic AI technology products, including Akida 2 and…
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.
Accenture backs CLIKA to tackle AI compression and edge deployment challenges
Accenture has made an investment in CLIKA, an AI compression platform company, through Accenture Ventures to boost intelligent edge AI…
Armada secures $131M to scale modular AI data centers for edge deployment
Armada, an edge computing infrastructure company, announced a $131M strategic funding round with new and existing investors to scale production…
NetFoundry secures $12M to disrupt legacy networking models in AI era
Edge security company NetFoundry announced a $12 million investment led by SYN Ventures to revolutionize secure networking with a software-based,…
NexGen Cloud raises $45M to build Europe’s sovereign AI infrastructure
UK-based startup NexGen Cloud raised $45m in Series A funding to enhance its AI infrastructure platform for European enterprises. Initially…
Saudi Aramco’s Wa’ed Ventures backs Ori to drive edge AI expansion in Middle East
Wa’ed Ventures, Saudi Aramco‘s $500 million venture capital arm, has invested in Ori to support its expansion in Saudi Arabia…
Lambda secures $480M to scale AI cloud amid rising demand for GPU infrastructure
Lambda, a GPU cloud provider, raised $480 million in Series D funding, bringing its total equity capital to $863 million. …
$500B Stargate initiative aims to revolutionize U.S. AI infrastructure and edge computing
The Stargate Project is a $500 billion initiative aimed at transforming AI infrastructure in the US over the next four…
Applied Digital secures $5B Macquarie deal to power 2 GW HPC data center expansion
Applied Digital, a provider of digital infrastructure and cloud services, has partnered with Macquarie Asset Management (MAM) for up to…
Spectro Cloud secures $75M series C to drive Kubernetes innovation at the edge
Spectro Cloud raised $75 million in a Series C funding round led by Goldman Sachs Alternatives to enhance Kubernetes management…
