Data Center News

DustPhotonics raises $24 million in new funding round

Silicon photonics company DustPhotonics has raised $24 million in a Series B follow-on funding round. This funding came from both new and existing investors, including Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures. The company revealed in a statement that ...

February 22, 2024

Israel

GlobalFoundrues receives over $2 billion in finding from the government

GlobalFoundries has been awarded $1.5 billion by the US government under the CHIPS and Science Act to subsidize the company’s future semiconductor production capabilities. The company will also be receiving another $600 million from the state of New York over the next decade under its Green Ch...

February 21, 2024

United States

Iseek announces Scott Hicks as new CEO

Australian data center firm iseek has named Scott Hicks who was previously the CEO of YourDC as its new CEO. Prior to his history at YourDC, Hicks was managing director of local ISP Adam Internet from 1995 until its sale to iiNet/TPG in 2013. He is also the founder and owner of Astelec Group, ...

February 21, 2024

Australia

Northwood Space founded by former disney actor raises over $6 million

Satellite ground station startup Northwood Space, a company led by a former Disney actor, has raised more than $6 million in seed funding. This company is led by Bridgit Mendler, an actress and singer who was once a regular on the Disney Channel. She launched this startup with her husband last...

February 21, 2024

California

GDS signs long term vPPA in Malaysia

GDS this week announced a 21-year Virtual Power Purchase Agreement (VPPA) with Malaysian renewable energy firm, Cenergi SEA Berhad (Cenergi), under Malaysia’s Corporate Green Power Programme (CGPP). Under the agreement, GDS has subscribed to 22.5MWac of renewable power for its Nusajaya Tech Pa...

February 21, 2024

Malaysia

HMC Capital acquires StratCap

Australian investment firm HMC Capital announced this week that it has acquired 100 percent of North American digital infrastructure investor StratCap from private investors for $28.5 million. This deal will be completed once the full form legal agreements are met including obtaining regulato...

February 20, 2024

StratCap Data Centers

Iceotope claims achievement of superior chip cooling level

Icetope has claimed that its precision liquid cooling technology has achieved chip-level cooling up to and beyond 1000W, reaching an important industry milestone for overcoming the challenges of rising thermal design power. In a new report published by the company, it claimed that at a flow ra...

February 20, 2024

United States

EU regulator grants permission for Orange and MásMóvil merger in Spain

The European Union's antitrust regulator has granted telecoms firms Orange and MásMóvil permission to complete their proposed merger in Spain. This comes after MásMóvil agreed to divest spectrum across three frequency spectrum bands to Romania's Digi. EU antitrust chief Margrethe Vestager said...

February 19, 2024

Europe

Iridium to extend satellite lifespan by five years

Satellite firm Iridium announced in its quarterly earnings call this month, Iridium said it will be extending the life of its Thales Alenia Space-made NEXT satellite fleet by five years. Iridium CEO Matt Desch said in the earnings call, “Based on the manufacturer's assessment, we've been using...

February 19, 2024

Australia

Australian Research Center to deploy Nvidia’s CUDA Quantum Platform

Australia’s Pawsey Supercomputing Research Centre in Perth will deploying Nvidia’s CUDA Quantum computing platform at its National Supercomputing and Quantum Computing Innovation Hub. This platform is Nvidia's open-source hybrid quantum computing platform that uses quantum simulation tools and...

February 19, 2024

Australia

PlanckDot raises $1 million for Edge data center roll-out

Indian startup PlanckDot, a start-up specializing in Edge data centers, has secured $1.6 million in funding from high-net-worth angel investors for its Edge data center roll-out. According to the company’s website, it builds and deploys digital infrastructures and EV charging stations. Its Vig...

February 19, 2024

India / Bhārata

Goodman Group boasts of 4GW power bank

Real estate company Goodman Group has claimed that it has the power capacity available to develop a portfolio of data centers worth $80bn over the next five to seven years. The company noted that it has added 300MW to its "power bank" since November 2023, bringing its total availability to 4G...

February 17, 2024

Europe

Batelco and e& to land Al Khaleej subsea cable in UAE

Telecoms firms Batelco and e& announced on February 14 that they have signed a Memorandum of Understanding (MoU) to land the Al Khaleej subsea cable system in the UAE. This MoU will see the 1,400km-long cable connecting the UAE to Bahrain, Oman, and Qatar. Nabil Baccouche, group chief carr...

February 16, 2024

United Arab Emirates (UAE)

Loudoun County Planning Commission rejects proposed data center

The Loudoun County Planning Commission has rejected a data center proposed along Route 28 and the Old Ox Road interchange, close to Dulles International Airport in Virginia. This proposed project called "Innovation Gateway" project was for a 425-unit apartment building and 700,000 sq ft (65,03...

February 15, 2024

Virginia

Expedient unveils new facility in Columbus, Ohio

Expedient this week announced that it has launched services from a data center in Columbus, Ohio, previously operated by an insurance firm and has added a former Nationwide data center near Columbus to its portfolio. This facility located at 281 E. Powell Road in Lewis Center township, the 102...

February 15, 2024

Ohio

Zededa raises $72 million in new funding round

California-based company Edge computing orchestration startup Zededa last week announced the closing of the Series C round, led by Smith Point Capital which was founded by former Salesforce Co-CEO Keith Block. The company raised $72 million in its latest funding round which will see the compan...

February 15, 2024

California

Two new data center projects to come to Romania

Two new data center projects totaling 40-45MW are reportedly coming to Romania. These projects are expected to cost about €500 million though the details about the companies involved, project location and scope, or timelines weren’t shared. "In 2024 we are already talking about two investment...

February 15, 2024

Romania

Skylo Technologies raises $37 million for expansion efforts

Direct-to-device satellite connectivity provider Skylo Technologies has raised $37 million from existing investors Intel Capital and Innovation Endeavours, and new backers BMW i Ventures, Samsung Catalyst, Next47, and Seraphim Space. This investment will help the company to expand its operatio...

February 15, 2024

United States

Former Sungard data center is up for sale in New Jersey

Via RI Marketplace, Real estate firm Marcus & Millichap is offering 1008 Virgil Avenue in Ridgefield, a former Sungard data center field as up for sale via auction and bidding for this property is set to begin March 25, with $750,000 listed as a starting bid. The listing reads, “The proper...

February 14, 2024

New Jersey

Diraq secures $15 million in a Series 2-A funding round

Quantum computing startup Diraq has raised $15 million in a Series 2-A funding round led by specialist investor Quantonation, a venture capital fund dedicated to quantum technologies, with participation from Higgins Family Investments and the University of New South Wales, Sydney. This latest ...

February 14, 2024

Sydney

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