Fundz

euNetworks raised €2.1 billion in an equity recapitalisation led by Stonepeak, Mercer, and Aware Super to enhance its bandwidth infrastructure across Europe.

Aug 27, 2024

Amount Raised

€2.1 Billion

Round Type

Venture

Telecommunications

Investors

APG Asset ManagementInvestment Management Corporation Of OntarioAware SuperMercerStonepeak

Description

euNetworks announced the closing of a €2.1 billion equity recapitalisation, aimed at supporting its growth and strategic priorities. The deal involved leading investors such as Stonepeak, Mercer, and Aware Super, along with IMCO and APG.

Quick answer

euNetworks raised €2.1 Billion in a funding round, dated August 27, 2024. Investors: APG Asset Management, Investment Management Corporation Of Ontario, Aware Super, Mercer and Stonepeak.

How much did euNetworks raise?
euNetworks raised €2.1 Billion in a funding round on August 27, 2024.
Who invested in euNetworks?
APG Asset Management, Investment Management Corporation Of Ontario, Aware Super, Mercer and Stonepeak are named as investors in this round.
What does euNetworks do?
euNetworks Group Holdings Limited is a Western European bandwidth infrastructure company that builds and invests in city and long haul fibre networks.
Where is euNetworks based and how big is it?
Fundz records about 405 employees.
Who are the decision-makers at euNetworks?
Fundz holds 1 contact at euNetworks. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Telecommunications around the same time

Companies in the same sectors as euNetworks that raised within 45 days of this round, from Fundz verified event records.

  • VectorMAX raised $5K (Seed) on October 2, 2024.
  • TM Technologies raised $500K on September 24, 2024.
  • iBUS raised $34M (Funding Round) on September 19, 2024.
  • Create Cultivate US raised $1.7M (Seed) on August 30, 2024.
  • Andrena raised $18M (Series A) on August 11, 2024.
  • UnaBiz raised $25M (Series C) on August 8, 2024.

Who to call at euNetworks, and when

A new round usually means euNetworks is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

euNetworks

About

euNetworks Group Holdings Limited is a Western European bandwidth infrastructure company that builds and invests in city and long haul fibre networks. The company owns and operates deep fibre networks in 18 cities and offers a long haul network spanning 45,000 route kilometres across 17 countries. It leads the data centre connectivity market in Europe, directly connecting over 542 data centres. euNetworks is committed to sustainably developing essential bandwidth infrastructure to meet the growing data demands.

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Related People

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euNetworks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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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.