Skip to main content

Share story

Infrastructure

CoreWeave closes $2.6 billion facility for GPU infrastructure

CoreWeave said an indirect subsidiary entered a $2.6 billion delayed-draw term loan facility on August 7, according to an SEC filing. The company said the facility is primarily intended to finance capital expenditures for customer contracts, including GPU servers and related infrastructure. Loans can be drawn through December 2026, and the facility matures September 1, 2031. CoreWeave guaranteed the obligations, which are secured by substantially all assets of the borrower and its subsidiaries, along with pledged equity interests in the borrower.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital
Capital

Nominal raises $240 million at a $3 billion valuation

Nominal has raised $240 million at a $3 billion valuation, triple its valuation in a funding round earlier this year, Bloomberg reports. The startup builds software to make manufacturing more efficient.

Capital Products
Capital Products

Onodrim raises $300M to acquire European defence and industrial suppliers

Amsterdam-based Onodrim Industries has raised $300M in a round led by Lux Capital, valuing the defence group at $1.3bn, the company said Monday. Other investors include General Catalyst, Lakestar and Altimeter. The financing follows its €40M seed round in February.

Capital
Capital

SRTD Biotech raises €31.5 million for targeted RNA therapies

SRTD Biotech has completed an oversubscribed €31.5 million seed financing to develop RNA therapies designed to act selectively inside diseased cells. Mérieux Equity Partners led the round, with NRW.BANK and Boehringer Ingelheim Venture Fund joining as co-leads.