Proxima raises $148 million in report funding spherical

Proxima raises 8 million in report funding spherical

Germany, Lower Saxony, Grohnde, Grohnde Nuclear Power Plant. Westend61 German start-up Proxima Fusion on Wednesday announced it had raised 130 million euros ($148 million) in a record funding round, with investors hopeful the company can soon develop the world’s first commercial nuclear fusion power plant. The Series A financing round, which was co-led by investors … Read more

Vantage raises $820 million in a cloud and AI knowledge centre deal in Europe

Vantage raises 0 million in a cloud and AI knowledge centre deal in Europe

U.S. data center operator Vantage has raised 720 million euros ($821.4 million) — the first of its kind deal in Europe. The asset-backed securitization (ABS) deal, the first ever euro-denominated with data center assets on the continent, involves four data centers in Germany. The company said it will be paying on average a 4.3% coupon … Read more