Polar DC Group Limited secures over €1 billion in funding to accelerate its European AI data centre expansion. The funding includes €75 million from Palistar Capital LP and support from existing shareholders.
Amount Raised
€75 Million
Round Type
Venture
Greater LondonArtificial IntelligenceMachine LearningInvestors
Description
Polar DC Group Limited has successfully secured over €1 billion in funding commitments to support its European data centre expansion. The investment includes a €75 million facility from Palistar Capital LP and contributions from existing shareholders like H.I.G. Capital. This funding will enable Polar to advance development projects in Finland and Germany
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