VivoPower International PLC has secured a $30 million investment through a PIPE deal to enhance its AI data center portfolio. The investment, led by Blue Sky Capital and sovereign family offices from the GCC region, will support VivoPower’s expansion plans. The funds will primarily be used to scale its AI data center infrastructure and for general working capital. The company aims to align with its “Sovereign AI” strategy by partnering with sovereign nations and hyperscale operators for sustainable data center development. VivoPower, a B Corp-certified developer, operates globally and positions itself as a reliable partner for nations seeking control over power and data infrastructure.
Read more at Yahoo Finance: VivoPower raises $30M in PIPE to expand AI data center portfolio
