David Bogoslaw
The $865m fund will be invested by a new growth team led by former TCV general partner Shalini Rao and including alumni of Bessemer Venture Partners, EQT Group, Insight Partners and Bond.
"When firms like TPG are coming in to provide the finance for the facilities, that's a market signal that these projects are bankable" says Robert Ethier of Impact Science Ventures.
In an effort to raise a debut fund, one firm has reduced its minimum LP commitment, set up a mechanism to accept donations and held a poker tournament for potential LPs.
Magnetar Capital is taking an unusual approach with its debut venture fund, offering compute time in lieu of cash to AI start-ups.
The global computer outage caused by CrowdStrike is raising awareness among VCs of the risk of over-reliance on any one service provider, including data centers.
The fifth and final part of our data center series explores niche options that investors hope will help data centers be less of a drain on global resources.
Touring Capital's new venture partners aim to help founders of AI-enabled B2B software companies find new and bigger customers.
VC funds are backing small module reactors, geothermal power and green hydrogen producers as the push for carbon-free computing gains momentum.
More data center operators are turning to liquid cooling systems to handle increased heat generated by higher-density data processing equipment.
Part two of this five-part series looks at the challenges presented by the rapidly growing data center industry, which will require a host of new technologies – and substantial venture capital investment – to meet the demands of AI.