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
DIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn moreLandmark US$85 million employee secondary share transaction for Wayve
Crowdcube, Europe’s largest equity crowdfunding and private market investment platform, has completed a US$85 million employee share sale for Wayve, the first employee liquidity transaction on the LSE’s Private Securities Market and the largest to date under the FCA’s PISCES framework. The deal is a milestone for UK capital markets, demonstrating how new market structures can unlock liquidity for employees and early shareholders in high-growth private companies.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn more