Private Equity VC Fund Investments
Data center firm PlanckDOT raises $350-K in bridge round
Source Outlook (opens in a new tab)
Delhi-based PlanckDOT , a technology startup specialising in data centres, has raised USD 350,000 in its bridge round at a valuation of USD 30 million. The fresh proceeds will be used to ramp up the ongoing development of PlanckDOT’s Quanta AI that caters to the demand of data centres for generative AI applications.Founded by Shishir Miglani and Ali Ahmed Saleem, PlankDot’s Quanta offers a range of fully-loaded, self-sufficient edge data centres tailored to business needs to help them scale their operations seamlessly.