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Momenta launches $100m venture capital fund

Venture capital firm Momenta has launched the Industry 5.0 Fund with a target of US$100 million. The fund has been conceived to support entrepreneurs who are advancing new paths to more human-centric, resilient, and sustainable industry operations, as outlined in EU Commission's Industry 5.0 initiative. Aimed at early growth stage innovators driving the digital transform...

February 02

Data4 moves into Germany with $1bn data centre project

French digital infrastructure investor and operator Data4 has closed a deal to become the operator of a P3 Logistic Parks data centre located in Hanau, a German town near Frankfurt. The operator signed an agreement with the city council of Hanau, the city of the Grimm brothers in the German state of Hesse, in collaboration with the project developer P3 Logistik Parks, to be...

February 02

Unitirreno subsea cable goes into production

Italian operator Unitirreno Submarine Network S.p.A. (Unitirreno) today announced Contract-in-Force (CIF) for the construction of its new optical fibre submarine cable system in the Tyrrhenian Sea. The approximately 1,030 kilometres system will connect Mazara del Vallo to Genoa (890km) and will have a branch to Rome (140km). The construction of the new network has been t...

February 02

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