NextDC is raising A$1.1bn, about $796M, through convertible notes to fund the continued expansion of its Australian data centres. It is the third time the company has raised capital in a little over four months. The terms were reported by Reuters on We…
Zankore has secured a senior term loan facility of up to $3.1bn to buy and deploy Nvidia GPUs across Indonesia and Southeast Asia. Nvidia is one of the company’s backers and also the supplier of the hardware the financing will pay for. Citi acted as ex…
CloudNC has raised $20mn to push its AI machining software into more workshops and launch a second product aimed at quoting, the commercial bottleneck that sits in front of every job a precision manufacturer takes on. The round is led by Nimble Venture…
Google will spend €13bn on data centre infrastructure across four Finnish sites during 2027 and 2028, its largest single investment in Europe, the company announced the plan today. The money covers Hamina, where it has operated since 2009, alongside Ka…
Cognition raised over $2bn at a $48bn valuation, up from $26bn in May. Run-rate revenue rose from $492m to almost $900m over the same period. Both rounds price the company at roughly 53 times run-rate revenue, so the multiple did not expand. Cognition …
Robinhood has won its first IPO underwriting role, ranking last among 18 banks on Oura’s offering. The bigger shift is in retail distribution: SpaceX reserved about 20% of its deal for individuals and Fidelity cut its minimum order from $500,000 to $2,…
Reid Hoffman says he is joining Mosaic Ventures, a London seed and Series A firm that now describes AI in Europe as its sole focus, as an advisory partner. His stated contribution is US connectivity from Silicon Valley, meaning talent, company connecti…
The Exploration Company has raised $450m. Most of it goes into something the company is not yet famous for. Not Nyx, the reusable capsule that has drawn the contracts and the SpaceX comparisons. An engine. Kate Duffy reported the round for Bloomberg. F…
Stoke Space has raised a billion dollars for a rocket that has never flown. The Washington company says the Series E takes its total funding to $2.3bn. It has not yet reached orbit once. Point72 Ventures and Spark Capital co-led the round, according to…
Mistral has raised €3bn in a Series D at a post-money valuation of more than €21bn, which the company says is the largest equity fundraising ever completed by a European technology firm. Samsung Electronics led the round, three years after the Paris co…