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
Skynamo has been acquired by Klipboard
Klipboard, a global provider of vertical business management software, has completed the acquisition of Skynamo, a market-leading mobile field sales platform used by manufacturers, wholesalers and distributors worldwide. The acquisition adds Skynamo’s award-winning field sales platform to Klipboard’s portfolio and enhances its ability to support wholesalers, distributors and retailers in managing complex operations across many industries.
Learn moreGroupe JVS has acquired Abelium Collectivités
Groupe JVS has acquired Abelium Collectivités, which was subsequently rebranded as Familea. The transaction, supported by CAPZA as a minority shareholder and Bpifrance, strengthens Groupe JVS’s strategy in the childcare and family services sector while expanding its offering to local public sector stakeholders.
Learn moreMiddlecon has been acquired by Nion
Middlecon has been acquired by Nion, a digital consultancy backed by Stella Capital. The acquisition strengthens Nion’s capabilities in data management and advanced analytics, enabling it to undertake larger and more complex data-driven initiatives for its customers. The partnership with Nion provides Middlecon with a strong foundation for continued growth and expansion.
Learn more