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SOAR AI secures up to $1B equity facility from institutional investor to fund AI infrastructure expansion across multiple U.S. and international sites.
Amount Raised
$1
Round Type
Venture
OhioArtificial IntelligenceMachine LearningDescription
Volato Group, rebranding as SOAR AI, has entered into a common stock purchase agreement with an institutional investor for an equity facility of up to $1 billion. The facility provides on-demand access to capital to develop and expand its Ohio AI infrastructure campus, which currently has 154 MW of power available with plans to reach 480 MW. The company also plans to develop additional brownfield and industrial sites in the United States and internationally. SOAR AI controls the timing and size of every draw, with terms designed to minimize market impact.
Fundz sees it the moment SOAR AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SOAR AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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