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
Mobile Vikings has been acquired by Proximus
DPG Media NV has sold Mobile Vikings to Proximus. The transaction is still pending Belgian Competition Authority clearance.
Learn moreE&E News has been acquired by POLITICO
E&E News, the essential news source on energy and the environment, has been acquired by POLITICO, the dominant source of news on politics and policy for a global citizenry. The deal will substantially expand POLITICO’s footprint in the energy news space and is part of a bigger move to grow its professional news business. E&E News has some 65 reporters in nine offices around the country, adding to POLITICO’s existing 17 editorial staffers focused on energy and environmental news.
Learn moreThe Village Voice has been acquired by Street Media
The Village Voice has been acquired by Street Media, the parent company of LA Weekly and Irvine Weekly.
Learn more