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Data centre hedge fund hits $330m valuation after UAE-backed series A1 funding round

In the space of two years, the fund has secured more than 2,000 accredited investors and US$92 million in holdings.

By TTC Newsroom

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May 24, 2022 | 2:05 AM BST

Data centre hedge fund hits $330m valuation after UAE-backed series A1 funding round

Alexander Cavendish, Co-Founder & CEO, Hedonova. Source: Hedonova

Paris/LA-based Hedonova, an alternative assets hedge fund, is raising a series A1 funding round of US$18.4 million at a US$330 million valuation from Chemie-Tech DMCC, a UAE based engineering and construction company. 

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