Greenedge Cloud GEC Austria has been advised on its structuring and has raised funds
January 2020 — 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.
Our role in the transaction
Oaklins’ team in Austria advised Greenedge Cloud GEC on the structuring and on a fundraising.
Talk to the deal team
Related deals
Educbank has been acquired by Cogna
Cogna Educação, through its subsidiary Somos Sistemas de Ensino, has acquired an additional 47% stake in Educbank for approximately US$8.9 million, increasing its ownership from 43% to 90% and consolidating control of the platform. The transaction expands Cogna’s presence beyond its traditional enrollment-driven education business into the financial infrastructure that underpins school tuition collection.
Learn moreitemedical has been acquired by Halma
itemedical, a Netherlands-based provider of digital platforms that integrate real-time patient data and alarms from a wide range of medical devices to support clinical decision-making and workflow efficiency in hospitals, has been acquired by Halma plc, a global group of life-saving technology companies. The acquisition represents a milestone in itemedical’s development and provides a platform for its next phase of growth. By joining Halma’s healthcare sector as a business unit of Halma subsidiary Static Systems Group (SSG), itemedical will strengthen its position as a provider of digital hospital workflow solutions, benefiting from access to a global network of technology businesses, resources to accelerate innovation and opportunities to expand its international footprint.
Learn moreEvoke Creative has been acquired by Steliau Technology
Private equity firm BGF has sold Evoke Creative Ltd., an international provider of interactive digital solutions, to Steliau Technology, a company backed by Astorg Partners. Evoke will continue to operate as an independent brand while benefiting from the wider group’s support to accelerate international expansion, increase product innovation and strengthen its position in key vertical markets.
Learn more