Fundz

IREN acquires Nostrum Group for AI expansion in Europe

PUBLIC · IRENMay 07, 2026

Acquiring Company

IREN

Acquired Company

Ingenostrum S.L. (Nostrum Group)

SydneySpainInformation TechnologyEnergySoftwareArtificial IntelligenceMachine Learning

Description

IREN Limited has completed the acquisition of Ingenostrum, S.L. (Nostrum Group), expanding its AI Cloud operations into Europe. The acquisition adds approximately 490MW of secured power and a development pipeline in Spain. With a strong local team, IREN aims to meet the growing demand for AI infrastructure across Europe.

Who to call at IREN, and when

When IREN changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day IREN raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at IREN, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at IREN. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

IREN

Location

Sydney, New South Wales, Australia

About

IREN is an Australia-founded company focusing on AI cloud services. It has been transforming into a vertically integrated AI infrastructure provider. The company is known for its strategic shifts from Bitcoin mining to AI-related services. IREN aims to scale up its AI cloud capacity significantly by 2026.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment IREN makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Daniel
Likely contact at this company
••••••••@••••••••

See Daniel's verified email →

Donatella
Senior decision-maker at this company
••••••••@••••••••

See Donatella's verified email →

Roberto
Senior decision-maker at this company
••••••••@••••••••

See Roberto's verified email →

Gilson
Senior decision-maker at this company
••••••••@••••••••

See Gilson's verified email →

Mike
Senior decision-maker at this company
••••••••@••••••••

See Mike's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for IREN's next move

Learn about Strategic plan

Frequently asked

Who acquired Ingenostrum S.L. (Nostrum Group)?

Ingenostrum S.L. (Nostrum Group) was acquired by IREN, based in Sydney. The deal was reported on May 7, 2026. IREN is an Australia-founded company focusing on AI cloud services. It has been transforming into a vertically integrated AI infrastructure provider. IREN is publicly traded (IREN) and operates in Information Technology.

When did IREN acquire Ingenostrum S.L. (Nostrum Group)?

IREN's acquisition of Ingenostrum S.L. (Nostrum Group) was reported on May 7, 2026. IREN Limited has completed the acquisition of Ingenostrum, S.L. (Nostrum Group), expanding its AI Cloud operations into Europe. The acquisition adds approximately 490MW of secured power and a development pipeline in Spain. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ingenostrum S.L. (Nostrum Group) do?

Nostrum Group is a next-generation data center developer based in Spain. The company specializes in creating infrastructure to support AI applications and services. It is privately held, and is based in Spain.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.