Pratexo concludes multi million pound seed round for edge computing investment

Someone counting money in their hands.

Pratexo, a specialist in edge computing and distributed cloud platform for artificial intelligence (AI), Internet of Things (IoT) and Industry 4.0, has completed a $3.5 million (£2.54m) round of fundraising.

The company plans to use the money to accelerate its platform development and go-to-market efforts across North America and Europe.

Pratexo provides a technology platform to support IoT and artificial intelligence strategies and initiatives, which demand compute...

Macrometa raises £14.38 million and expands its edge cloud network

A collection of US bank notes.

Macrometa, an edge computing cloud and global data network (GDN) for developers, has closed a $20 million (£14.38m) Series A funding round.

This raise comes less than eight months after the $7m (£5.03m) seed round, bringing Macrometa's total funding to date to $29m (£20.85m) since the founding of the company in 2017. The new round was led by Pelion Venture Partners, with the participation from existing investors DNX Ventures, Benhamou Global Ventures (BGV), Partech Partners,...