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Infrastructure AI

Drax partners with Brookfield and Radiant on North Yorkshire AI data center

UK energy company Drax is partnering with Brookfield and cloud provider Radiant to develop an AI data center in North Yorkshire, CNBC reported. The partners are targeting 100MW of capacity by Q1 2028, setting a future capacity goal for the project.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital
Capital

Evertrue closes $17 million fund for early-stage European startups

Yvonne Bajela announced that Evertrue closed an oversubscribed $17 million first fund to invest in early-stage companies across the U.K. and Europe. The firm has already backed seven companies and will invest mainly in AI and fintech.

Capital AI
Capital AI

Conlio announces €6.4 million fundraise for European expansion

German freight software company Conlio announced a €6.4 million fundraise to expand its financial automation platform across Europe. Piton Capital led the financing, with participation from Haufe Group Ventures, WaVe-X, F-LOG Ventures and existing investors.