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WHTop → 📋 News → Astrape Raises 7.9M to Boost AI Data Center Traffic Efficiency
Astrape Raises 7.9M to Boost AI Data Center Traffic Efficiency
📅 - Targeting hyperscale providers such as AWS and Azure, as well as operators of multi-tenant data centers, Astrape Networks has secured 7.9 million in seed financing to advance its next-generation network technology. The Dutch deep-tech company, a spin-off from Eindhoven University of Technology and incubated by HighTechXL, received 2.5 million of the funding as a grant from the European Innovation Council (EIC).
The round was co-led by PhotonVentures, Join Capital, and the Brabant Development Agency (BOM), with participation from Shift Invest.
Astrape Networks is focused on enhancing the efficiency and sustainability of short-distance data networks within data centers, a key factor in the [...][... Check source for end of article ...]
Tags: Data Center
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