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Did Arkon energy get a $110 million funding round?

Arkon Energy, a leading data center infrastructure firm, recently concluded a successful $110 million private funding round, as revealed exclusively to TechCrunch by CEO Josh Payne. The round, spearheaded by Bluesky Capital Management and featuring key contributions from Kestrel 0x1 and Nural Capital, marks a significant milestone for the company.

What happened to Arkon energy?

Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch. The round was led by Bluesky Capital Management and included participation from Kestrel 0x1 and Nural Capital.

How much money does Arkon Energy Invest in artificial intelligence?

The other $30 million is earmarked for an artificial intelligence cloud service project at Arkon’s 30MW data center in Norway, the company said. Founded in 2019, Arkon Energy closed a $28 million funding round in November 2022. The capital came as the firm acquired Norway data center Hydrokraft.

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