Greenedge Cloud GEC Austria has been advised on its structuring and has raised funds
Greenedge Cloud GEC Austria GmbH has completed a fundraising.
A team of local investors and technologists have launched Greenedge Cloud GEC Austria. The ThreeFold Grid is a global, neutral and sustainable network of IT infrastructure. It is a hyper decentralized, neutral and greener network powered by the ThreeFold Token (TFT). The TFT is an asset-backed cryptocurrency, and the only currency that can be used to buy and sell internet capacity on the ThreeFold Grid. With capacity in cities around Austria, GEC Austria is well placed to capitalize on the demand for edge storage and compute capacity.
Oaklins’ team in Austria advised Greenedge Cloud GEC on the structuring and on a fundraising.
Talk to the deal team
Related deals
Darien S.p.A. has launched a voluntary public tender offer for NVP S.p.A.
Darien S.p.A. has initiated a voluntary public tender offer for NVP S.p.A.
Learn moreShareDo has been acquired by Clio
In a landmark deal in the legal software sector, ShareDo, a UK-based provider of a cutting-edge SaaS work management platform, trusted by the world’s largest law firms, has been acquired by Clio, a global leader in cloud-based legal technology.
Learn moreSCLogic has been acquired by iLobby and rebranded as FacilityOS
The acquisition of SCLogic by iLobby, a portfolio company of Insight Partners, has been successfully completed. This strategic merger combines the strengths of both companies under the newly launched FacilityOS brand, enhancing industry leading delivery, logistics, tracking and other facility management capabilities across global enterprises.
Learn more