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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.

 

Avassa secures H&M Group as a strategic investor with new round of funding

Avassa, a Swedish edge application management platform, has secured new funding with H&M Group joining as a strategic investor along…

 

Biden administration invests $269M to boost edge computing capabilities in microelectronics sector

The Biden-Harris Administration announced $269 million in funding for microelectronics manufacturing and workforce development. This investment is part of the…

 

Nearby Computing closes €6.5M for global expansion

Nearby Computing, a platform for edge computing orchestration and automation based in Barcelona, announced a €6.5 million Series A funding…

 

Blaize secures $106 million to accelerate edge AI computing solutions

Blaize, an AI computing provider utilizing edge computing solutions, has raised $106 million as the company supercharges its efforts in…

 

Stack celebrates $3.3 billion green financing achievement for global data center expansion

Stack Infrastructure, a data center development provider, has announced a successful fundraise of $3.3 billion in green financing. The company…

 

DataBank secures $725M credit facility to expand data center infrastructure in US

DataBank has secured a significant $725 million credit facility, which serves as a strategic move to expand its data center…

 

Sima.ai secures $70 million in funding to develop second-generation MLSoC

Sima.ai, a company specializing in machine learning system-on-chip (MLSoC) platforms, has secured $70 million in funding. This investment round, led…

 

Hailo raises $120 million and launches Hailo-10 GenAI accelerator

Hailo has secured $120 million in its Series C funding round, bringing the total to over $340 million, which showcases…

 

Flexnode to transform the data infrastructure landscape with $9 million capital raised

Flexnode, a player in the data infrastructure sphere, recently shifted gears with its successful funding round. Raising $9 million in…

 

DataBank announces its first green financing, issuing $456 million of secured notes

DataBank, a company specializing in enterprise-level edge colocation, interconnection, and managed cloud services, has announced the issuance of $456 million…

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