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Infrastructure

EQT acquires Speedcast ground stations business

EQT AB has acquired Speedcast's ground stations unit, the Swedish investment firm told Bloomberg News. The acquisition expands EQT's investment in satellite infrastructure as companies and governments race to build out their communications networks in space.
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Bloomberg Technology
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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AI Capital
AI Capital

Fal raises $1.3 billion at $16 billion valuation

Fal raised $1.3 billion in a funding round led by Bessemer Venture Partners that values the AI inference startup at $16 billion, TechCrunch reported, citing Bloomberg. Nvidia, Sound Ventures and T. Rowe Price participated. The valuation doubles the $8 billion assigned in April.

Startups | TechCrunch
Infrastructure
Infrastructure

I Squared Capital closes $3 billion infrastructure credit fund

I Squared Capital closed its second infrastructure credit fund after raising $3 billion, Bloomberg reported. The fundraising comes amid investor demand to finance the global buildout of power, data centers and other major infrastructure projects.

Bloomberg Technology
Infrastructure
Infrastructure

Energy Transfer commits to $1.6 billion Louisiana-Mississippi gas pipeline

Energy Transfer LP has formally committed to building a $1.6 billion natural-gas pipeline, Bloomberg reports. The pipeline will move fuel from eastern Louisiana across Mississippi as data centers and export terminals increase demand for natural gas.

Bloomberg Technology
Capital Products
Capital Products

Journify raises $12 million to expand advertising data platform

Journify announced a $12 million Series A led by Al Mada Ventures and co-led by returning investor Silicon Badia. The company says the funding will support expansion into the US and Europe and develop the AI behind its advertising data platform.

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