EU invests €865 million to expand 5G and edge computing by 2027
The EU Commission announced it is investing 865 million euros ($935M USD) in digital infrastructure to enhance connectivity for citizens…
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.
Cologix raises $1.5B to expand AI-ready edge data centers across North America
Cologix, a network-neutral interconnection and hyperscale edge data center company, has secured $1.5 billion in capital through debt and equity…
AustralianSuper leads $2B DataBank equity raise, accelerating U.S. data center expansion
Edge colocation and managed cloud service provider DataBank announced a $2.0 billion equity raise, led by a $1.5 billion investment…
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…
