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Connected newsletter: Data centre dilemmas and exciting fintechs

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Connected Newsletter Connected newsletter: Data centre dilemmas and exciting fintechs

As the Business Post’s reporting showed this week however, the government is failing to do a good job at this currently. On Sunday we revealed that Amazon, Google and Microsoft have all warned that Ireland is likely to lose significant levels of investment due to a failure to address the country’s creaking energy system.

GridBeyond, which uses artificial intelligence to help large industrial energy users to streamline power use, has raised €52 million in a new Series C funding round as it gears up for further international expansion. In other funding news, Trrue, a Co Cork-based blockchain start-up, secured €600,000 in investment as DataOp, the venture capital firm founded by three former Waystone executives, continues to back Irish fintech firms.

 

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