The following list includes venture capital and other investments into wireless companies announced during the past week. The value of the investment is included when available.
—BitWave: Apex Venture Partners, TVM Capital and ECentury Capital Partners invested $10 million in a Series B funding round into BitWave Semiconductor. The funding will be used to commercially launch the company’s BW1102 SoftransceiverRFIC product.
—MoFuse: The Slater Technology Fund provided seed capital to MoFuse Mobile, a Providence, R.I.-startup that gives bloggers and other content publishers the ability to publish their content seamlessly to the mobile Web. The Slater Technology Fund is an early stage fund that is backed by the State of Rhode Island. The company said its platform supports 12,000 mobile Web sites, up from 2,200 at the end of last year.
—Trilliant: MissionPoint Capital Partners and Zouk Ventures invested $40 million in equity financing into Trilliant Inc., an intelligent network solutions provider focused on the utility industry. In conjunction with the financing, Trilliant appointed Mark J. Lewis and Anthony Fox to its board of directors. Lewis is a managing director with MissionPoint and Fox is a partner at Zouk.
Venture capital financing wrap-up: BitWave, MoFuse and Trilliant
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The IEA report predicts that AI processing in the U.S. will need more electricity than all heavy industries combined, such as steel, cement and chemicals
Energy demand for AI data centers in the U.S. is expected to grow about 50 gigawatt each year for the coming years, according to Aman Khan, CEO of International Business Consultants