Gridscale will use the funds for additional key hires, further build out its leading tech offering and accelerate international expansion.
Gridscale raises €7 million to fuel growth
raises €7 million from
Press release (extract)
Leading European corporate finance boutique Clipperton is proud to announce it acted as sole financial advisor to gridscale – the Köln-based provider of innovative Infrastructure-as-a-Service and Platform-as-a-Service solutions (IaaS, PaaS) – for its €7 million Series-A round. The capital raise is led by Endeit Capital and EnBW New Ventures, with additional participation from existing investors EnjoyVenture (BLSW Seed- & Wachstumsfonds) and High-Tech Gründerfonds. The investment will support further platform development and underpin gridscale’s global expansion. READ FULL PR