Norwest raises $4 billion fund targeting AI startups and overlooked sectors
Wells Fargo & Co.-backed Norwest has raised $4 billion for its latest investment fund, Bloomberg reported. The fund will target early-stage AI startups alongside deals in sectors other investors have overlooked. The firm plans to announce the fund Thursday.
Rowan raises about $1.5 billion to advance data center projects
Rowan Digital Infrastructure raised about $1.5 billion in fresh financing from lenders including Citigroup, Bloomberg reported. The Blackstone-backed data center developer is seeking to advance its growing pipeline of projects with the new financing from lenders.
UK National Wealth Fund backs $700 million Uforce financing
The UK National Wealth Fund invested in a $700 million financing round for drone startup Uforce, Bloomberg reported. The investment is the fund's largest in defense. Uforce was initially formed in Ukraine, and the fund participated in its financing alongside other investors.
Poste Italiane launches fund targeting €600 million for infrastructure projects
Poste Italiane has launched a co-investment fund targeting €600 million ($665 million) for projects including data centers, Bloomberg reported. The fund expands the company's digital infrastructure ambitions following its takeover of Telecom Italia.
Mount Thor raises $45 million for Apple silicon cloud infrastructure
Mount Thor announced $45 million in Seed and Series A funding to expand cloud infrastructure built on Apple silicon. CRV and Conviction co-led the Series A; Chad Byers and Offline Ventures co-led the Seed.
Nebuly raises $21 million to measure the economic value of AI agents
Nebuly raised $21 million in Series A financing to help enterprises measure the economic value of AI agents. Planven led the round for the startup, which is based in Turin and New York.
