Thylander Secures Outside Investors for Data Center Venture

Danish real estate firm Thylander this week said that Thylander Data Centers' (TYDC) investor base now includes Systematic Holding Aps by Michael Holm, Sagitta Ventures Aps, Weco A/S, and E. Bank Lauridsen Holding A/S. Terms of the investment weren’t shared.

“We are well underway in developing our first data center in Esbjerg, but this is just the beginning of the journey towards building a leading data center platform in the Nordics,” said Bjarke Mikkelsen, CEO of Thylander. “The four new partners in TYDC all bring unique competencies that make our platform stronger and more scalable. Over the past year, we have worked hard to build deep operational competencies and a long-term development pipeline for a leading platform in Danish hands.”

Holm, founder of Danish IT firm Systematic, added: “We have been working closely with the Thylander team for the past six months and see exactly the energy and willpower needed to put Denmark on the map as a serious player in data centers. Through Systematic, we are experiencing first-hand the demand for this type of digital infrastructure - and it will only accelerate in the coming years. It is a pleasure to be part of the journey, and we look forward to helping where we can to build the platform.”