Filing: Blackstone's data center acquisition vehicle seeks to raise as much as $1.75B in its IPO, and will target newly built data centers valued at $250M-$1.5B
Filing: Blackstone's data center acquisition vehicle seeks to raise as much as $1.75B in its IPO, and will target newly built data centers valued at $250M-$1.5B
Sources: KKR, Blackstone, and other investors have turned down some data center debt because of insufficient insurance against risks like natural disasters
Lack of sufficient cover means some investors are walking away from deals — Lenders looking to fund the build-out of data centres …
India-based AI cloud startup Neysa plans to raise up to $600M in equity led by Blackstone, plus $600M in debt, to deploy 20K+ GPUs in India for AI training
A group of investors led by Blackstone Inc. plans to make an equity investment of up to $600 million in India's artificial intelligence cloud startup Neysa.
Blackstone and Coatue loan $10B to Australian AI infrastructure startup Firmus for data center expansion, in one of the country's largest private credit deals
Australian AI startup Firmus Technologies Pty. secured a $10 billion loan from a group including Blackstone Inc.-led funds …
Marketing tech startup Applecart raised $100M in a minority funding round led by Blackstone's growth equity business, a source says at a ~$700M valuation
Applecart, a marketing technology startup, raised $100 million in a minority funding round led by Blackstone Inc.'s growth equity business.
Paris-based accounting software startup Pennylane raised €175M led by TCV, a source says at a ~$4.25B valuation; Blackstone, Sequoia, and others also invested
Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV.
Sources: NYC-based data security startup Cyera is raising $400M led by Blackstone at a $9B valuation, up from its $6B valuation in its $540M round in June
> AI cybersecurity startup Cyera valued at $9 billion: https://lnkd.in/...
IPO filings: CoreWeave, set to launch a $32B IPO on March 28, violated key terms of a $7.6B Blackstone loan in 2024, triggering a series of technical defaults
US cloud company seeking blockbuster $32bn IPO had to remedy serious administrative errors in December
Sources: Databricks secures $5B+ in its largest debt raise to date, from lenders including Blackstone and Apollo, after raising $10B in equity in December 2024
- Blackstone, Apollo, Blue Owl among lenders in private loan — Financing also includes a $2.5 billion credit line from banks