AMD and ConsenSys formed the decentralised data centre developer as a joint venture and have both contributed to a $20.5m round.
Ireland-based data centre operator W3BCloud secured $20.5m in convertible note financing yesterday from investors including its founders: graphics processing unit (GPU) manufacturer Advanced Micro Devices (AMD) and blockchain software provider ConsenSys.
The corporates, which formed the company in 2018 as a joint venture, were joined by undisclosed family offices located in the United Arab Emirates.
W3BCloud is developing and building decentralised data centres designed to support blockchain and Web 3.0 activities. The convertible debt will support construction of its first…
